New to RE Investing - Need advice

[John Roberts]

Hi All,

My wife and I are relatively new to RE investing. We started with our first investment SFH property in Nov 2022. We now have 4 SFH's that we are rehabbing and will most likely rent when we get them ready. So far, we have purchased all of them with cash, so no loans (yet). We have put them all in my name so far.

My question is, does it matter whose name (my wife or mine) each property goes in?  Should we put both of our names?  Should we split them up between the two of us?

Thanks again for all of the great advice so far!

John

[Doug Smith]

I can only speak from a loan perspective, but if either of you apply for a mortgage loan, they are going to want to include the taxes, insurance, and any HOA figures into your debt to income ratios. You can also hold the properties in an entity like an LLC, S-Corp, or Trust, but that does alter your tax situation. Your situation is going to be unique from anyone on here, so don't listen to the peanut gallery. My advice would be to speak with your CPA about tax implications and your estate planning/asset protection attorney for those implications. I'm sure you'll get a lot of advice on here...some good, some bad, but only you and your qualified advisers know for sure. I wish you will in your real estate investing adventure.