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Updated almost 8 years ago,

User Stats

25
Posts
4
Votes
Kip Cline
  • Rental Property Investor
  • Sault Sainte Marie, MI
4
Votes |
25
Posts

How to avoid showing personal income?

Kip Cline
  • Rental Property Investor
  • Sault Sainte Marie, MI
Posted
Over the past year I have had a seasonal job and started buying houses in my own name to fix and rent out while laid off. Next year I will be showing more rental income. What is the best way to structure myself so that I do not personally show much income? Should I form an LLC taxed as an S corp and transfer the properties into it? Any advice helps.

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