Advice needed on purchasing multiple properties in Florida as European investors

[Petronella Kerssens]

We are seeking advice and guidance as we embark on our journey to invest in real estate in Florida. Our goal is to purchase a new construction home as our first investment, with plans to acquire four more properties in the next three years (4/2 around 400k with 25% down dscr loan) . We have carefully studied our options and are considering the best ways to structure our investments.

One option is to purchase the properties through a LLC for liability protection. However, we have discovered that this may result in unfavorable tax implications for us in Europe. As such, we are considering owning the properties in our own names to minimize tax burdens.

Our primary motivation for investing in real estate is appreciation, as current projections show neutral cash flow. We are now seeking advice on how to protect our assets while owning the properties in our own names, without incurring excessive costs that could lead to negative cash flow.

We are open to exploring creative solutions that strike a balance between asset protection and financial stability. Any insights, advice, or suggestions on how we can achieve our investment goals while safeguarding our assets would be greatly appreciated. We are eager to learn and make informed decisions that will set us up for success in our real estate ventures.