Form Real Estate LLC without Changing Title

[Anthony Conte]

With the new tax law, investors can have have the 1st 20% of Net Income deducted from taxes. Essentially 20% tax free income. To get this 20% tax free income, the income needs to come from a pass through entity such as an LLC. Most banks do not allow rental property’s Title associated with mortgages and HELOCs (rental property as collateral) be in an LLC. Does anyone have any suggestions on how to take advantage of this new tax law without putting the rental real estate’s Title into an LLC? Thanks in Advance!