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Updated 4 months ago, 08/13/2024

Kevin S.'s profile image
Kevin S.'s profile image
Kevin S.
  • Member since Jan 14, 2024
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377
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Kevin S.'s profile image
Kevin S.'s profile image
Kevin S.
  • Member since Jan 14, 2024
Connect
Kevin S.
228
Votes |
377
Posts
General Real Estate Investing

LLC or Trust to hold investment property?

Kevin S.
Posted

Hi members,

What is the preferred way to hold investment properties?  My attorney(estate planning attorney) suggested two options.

1. LLC or...

2. My JRT (joint revocable trust) that I already have and buy umbrella policy.  

On BP forum it's usually mention of LLC or personal name with umbrella policy, don't remember mention of JRT.

What would you recommend and why?  Thanks in advance!

Orlando, Florida
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