Buying Properties with an LLC

[David Peterson]

Hey friends,

As you may know conventional financing seems to be the way people typically start buying properties. I was hoping some of you kind folks would have some other suggestions. I am wanting to treat investing as a business and buy this way- as I have learned from owning a business. So my struggle with investing in my own name is the tax advantages are less. Let me explain, I own a Flooring business and I have it set up as a corporation. As a person buying in your own name if you receive $100 in income you are then taxed on $100 of income even though it cost you $50 to make. The tax code is written for entrepreneurs. Businesses are not taxed on what they make. They are taxed on what they net. Yes buying in my own name may possibly get me a better interest rate but according to my understanding it does not mean that it will save me in the end. Please if you can, shed some light on this and please share some other ways to get lending in the business side of financing that is not going to be at high rates.

Thanks So Much!