Help with company & tax

[Alon A.]

Hey guys 

I'm new at the investments , any recommendations about if to open Trust or LLC for mostly Brrrr method and flips sometimes..

I want to know why is better and what advantages . Until now I just plan to put it on the personal account and my name. I’ll like your input and explain how it works when you buy a property. Thank you 

Also at end of year , how all the texas works ? What I need to pay and what are the expanses... if you can share with what ever you think I need to know and what can help me to understand better. I’m writing here since I trust the people here to be very knowledgeable:) 

[Chris Picciurro]

Remember from a tax perspective a single-member LLC and revocable living trust are both disregarded entities. Sounds like asset protection is the bigger issue.