Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

User Stats

1
Posts
0
Votes
Carlos Hernandez
  • Whittier, CA
0
Votes |
1
Posts

New tax laws and LLC's

Carlos Hernandez
  • Whittier, CA
Posted

Hi everyone, I am new to BiggerPockets and have been investing in RE for the last 10 years in Los Angeles, CA. Investing in RE is a part time hobby as I am employed full time and my strategy has been to buy and hold. My question to members is: with the recent change in tax laws signed by Trump are there significant changes to compel investors to create LLC's to take advantage of "Pass through" write-offs" etc? Since I started investing my CPA has advised me against forming LLC's for my RE holdings due to costs so I have kept them in a family trust and carry adequate liability insurance. Is it time to change my current set-up? Thank you!! -CH