Does new tax bill make it more advantageous to have a llc?

[Gabe Medina]

If the last hurdle of the tax bill is passed, does it make it more advantageous to have your RE in an LLC? Does it make a difference if RE investing is part time and I have a full time job? Generating about $30k or so income rental income a year in the SFBay area.

[Brandon Hall]

@Gabe Medina @Carl Fischer from a tax perspective, not really. Sole props are included in the elusive 25% max “pass through” tax. 

That said, depending on the investments you are making, your prticipation in those invsments, or the type of business you are running, it *could be* more beneficial to do so through an LLC.

I say *could be* because you can tax the LLC as an S or C Corp. depending on how the tax bill shakes out, a Corp may make sense in certain situations.