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Updated about 18 years ago,
Any advantage to how rentals are titled?
I am purchasing my first rental house and wondered if anyone can help fill me in to any advantages to titling in my personal name versus buying in my LLC's name. The LLC is for a construction company I am starting but up until now has been a few new houses only. I know if I "pay" myself from the LLC, that money is taxed pretty heavy. If I buy in the company's name is there any advantages when I sell or do 1031 exchanges? This post just proves how many new ideas are on this site as I never knew about a 1031 but am learning..... Any help appreciated. :lol: