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Updated over 6 years ago,
Buy and Sell Rental Properties Through an Entity
Hello BP!
My partner and I is formulating a business that will do both buy&sell and manage rental properties in New Jersey. The long term business behind it is property management after we purchase the rental, put tenants in, and sold it to our investors.
We think it makes sense to establish an entity to operate this on but we are not certain how best to structure it. We envision that the entity would hold a number of properties for sale at a given time, would a series LLC be best or one giant LLC that holds everything? Can we easily transfer the title if we sell it?
If you are an expert in this area or have experience, we love to connect!
Thanks