Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
btn_google_dark_normal_ios Created with Sketch.
Continue with Google
Continue with Apple
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
BiggerPockets Exclusive PRO Area
PRO
General Real Estate Investing
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Commercial Real Estate Investing
Mobile Home Park Investing
Innovative Strategies
Land & New Construction
Multi-Family and Apartment Investing
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions presented by
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing presented by
Personal Finance
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation presented by
Foreclosures
1031 Exchanges presented by
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing

Updated over 6 years ago on . Most recent reply presented by

Eli Fazzo's profile image
Eli Fazzo's profile image
Eli Fazzo
  • from NY (long island)
  • Member since Feb 18, 2019

User Stats

16
Posts
8
Votes
Eli Fazzo's profile image
Eli Fazzo's profile image
Eli Fazzo
  • from NY (long island)
  • Member since Feb 18, 2019
Eli Fazzo
  • NY (long island)
8
Votes |
16
Posts
Tax, SDIRAs & Cost Segregation

Should I Incorporate or LLC

Eli Fazzo
  • NY (long island)
Posted

Hello everyone, this is my first time posting. I currently own 3 rental properties with mortgages and currently working on my 4th. Should I have my properties in either a corporation or LLC? Any insight is appreciated thank you.

0 Votes
Follow
4 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Ashish Acharya's profile image
Ashish Acharya's profile image
Ashish Acharya

User Stats

4,540
Posts
3,423
Votes
Ashish Acharya's profile image
Ashish Acharya's profile image
Ashish Acharya
Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
  • CPA, CFP®, PFS
  • Florida
3,423
Votes |
4,540
Posts
Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
  • CPA, CFP®, PFS
  • Florida
Replied
Originally posted by @Eli Fazzo:

Hello everyone, this is my first time posting. I currently own 3 rental properties with mortgages and currently working on my 4th. Should I have my properties in either a corporation or LLC? Any insight is appreciated thank you.

Never do corporations for various reasons. 

You don’t get a debt basis, meaning your loss gets limited during tax filing.

Also, there is taxation when you distribute property. 

There are many other threads on this. Let us know if you have questions after reading those. 

business profile image
INVESTOR FRIENDLY CPA®
5.0 stars
232 Reviews

Contact us

By clicking send, you affirm you have read and agree to the BiggerPockets Terms, acknowledge the BiggerPockets Privacy Policy, and you agree BiggerPockets and its network of professionals may use automated technology or pre‒recorded messages to deliver marketing calls, texts, or emails to the number or email your provide regarding your real estate needs. You also agree BiggerPockets and its affiliates may use automated technology or pre‒recorded messages to deliver marketing calls, texts, or emails to you regarding offers and other content that may interest you. Consent is not a condition of purchase. Message and data rates may apply. Message frequency varies. You can unsubscribe at any time by replying STOP or clicking the unsubscribe link (where available) in one of our messages.

2 Votes
Log In or Sign Up to Reply
Sort By:

Loading replies...