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Updated over 7 years ago,
Best entity for rental property's with partner
Hi there I'm wondering if anybody has any opinion on which entity would be best for a partnership with the purpose of acquiring holding long-term rentals? The ownership would not be 50-50. One owner would be fronting most of the cash (for down payment and repairs), the second would be minimal cash while providing the borrowing power (a good debt to income ratio) for getting a conventional loan for the rentals. Multi owner LLC? LLP? C or S corp? Thank you in advance