Deal Structure

[Michael Rivas]

I am putting together a deal with my dad where we will split our interests 50/50. It is for the purchase of 39 SFR. What type of entity should I use, i.e. family partnership, llc? And which state should I put it in? I live in TN, he for the next year or so lives in CA, and the properties are in IN. I am thinking about current tax implications as well as estate planning implications. Any suggestions? Also, if you don't personally know, which type of advisor should I talk to, and if you have any suggestions on people that would be appreciated.