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Updated about 6 years ago,
Structuring SFH Entities to Minimize Liability
I’m currently setting up legal entity structures for my existing SFH rental currently in the remodel stage of BRRRR method. I’m getting varying opinions from both CPAs and attorneys.
If I refinance within an LLC (shifting title under LLC) the refi goes into a commercial product requiring 25% and killing my equity capture. Traditional refi under my name gives me 20% equity and no money in based on my analysis.
HOW DO I REDUCE LIABILITY WITHOUT CHANGIMG TERMS W BANKER AND ALLOWING ME TO OPERATE PROP UNDER LLC FOR TAX PURPOSES? (WHAT THE HELL IS WRONG W MY KEYBOARD?)