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Updated over 8 years ago on . Most recent reply
One LLC for Rentals & Wholesale
For a person that holds their rentals in Land Trusts and does not have a massive wholesale company why wouldn't he/she have everything under 1 LLC? The LLC wouldn't ever hold any assets. One the wholesale side it would be assigning/selling interest in an option/double closing and on the rental side it's more of a pass through that manages the rentals owned by the Trustee. Just seems like we over complicate things sometimes by having an LLC for each part of the business.
I'm not saying I plan to go this route, but the question was sparked when talking to a non real estate buddy the other day.
Most Popular Reply
@Matthew Kreitzer that's the type answer I was looking for. Thanks!