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Updated over 6 years ago,

Joseph Heimann's profile image
Joseph Heimann's profile image
Joseph Heimann
  • from Eau Claire, WI
  • Member since Jun 26, 2018
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Joseph Heimann's profile image
Joseph Heimann's profile image
Joseph Heimann
  • from Eau Claire, WI
  • Member since Jun 26, 2018
Connect
Joseph Heimann
  • Eau Claire, WI
0
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8
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Tax, SDIRAs & Cost Segregation

To LLC or Not? Two Investors in Different States

Joseph Heimann
  • Eau Claire, WI
Posted

A friend and I have been talking about investing together and have been bouncing around the idea of using an LLC. I currently live in Wisconsin and he works and lives in California. We would be investing in Wisconsin and surrounding states with mostly buy and hold rental properties. We are thinking 50/50 ownership.

Any thoughts on how to structure this? Use an LLC or something else? Any tax or financing concerns?

Thanks for the help!

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