Strategy for purchasing a million dollar plus home.

[John Rogers]

I have an old college friend who now lives in CA, who is about to purchase a 1.5 million dollar SFH in Lake Tahoe.

He messaged me and asked if there was magic strategy for purchasing a home of such a high dollar value.

• Buy it in his own personal name for a good interest rate
• Purchase it as a Corporation or LLC for tax purposes
• Buy it into a Land Trust
• Probably other strategies I don't know...

Unfortunately this goes above and beyond my per view and I don't want him to make a rookie mistake at that price point.

Could you knowledgeable folks please comment about possible purchasing strategies?

I, and my friend would greatly appreciate your advice.