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Updated over 7 years ago,

Johnny Situ's profile image
Johnny Situ's profile image
Johnny Situ
  • Rental Property Investor
  • from Fort Mill, SC
  • Member since Mar 2, 2014
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User Stats

161
Posts
132
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Johnny Situ's profile image
Johnny Situ's profile image
Johnny Situ
  • Rental Property Investor
  • from Fort Mill, SC
  • Member since Mar 2, 2014
Connect
Johnny Situ
  • Rental Property Investor
  • Fort Mill, SC
132
Votes |
161
Posts
Tax, SDIRAs & Cost Segregation

Do I need an LLC to file tax deductions on real estate expenses?

Johnny Situ
  • Rental Property Investor
  • Fort Mill, SC
Posted

Hi BP folks, I am looking for some professional advices for tax deductions on real estate investing. Right now I am hiring my father as a handy man, so in order for me to deduct those expenses do I need to have an LLC and a spearate account for handling those transactions?

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