Best Way to Setup Your Real Estate Business

[Jeff Gardner]

I'm looking for people who have setup "real estate" as a business.

Right now, I have three paid off properties that are cash-flowing.  What setup/structure do you prefer for your real estate business (best for taxes, best for flexibility, best for liability)

I have done extensive research and the way I'm seeing it is this:

Setup Corporation in Montana/Nevada/Delaware
Each property you buy is setup as its own LLC in the state that it's in and the main corporation is the owner.

For example:

Main Real Estate LLC in Delaware
555 Elm Street LLC in Texas (owned by Main Real Estate LLC)

450 Hickory Street LLC in Texas (owned by Main Real Estate LLC)

145 First Ave LLC in Iowa (owned by Main Real Estate LLC)



I want to get this right before my next purchase.  Do you have a setup that you prefer over the others?  If so, please reply or DM me if you want to keep it private.   Thanks!