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Updated over 4 years ago on . Most recent reply presented by

Chris Turek's profile image
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Chris Turek
  • Member since Dec 30, 2018
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Chris Turek's profile image
Chris Turek's profile image
Chris Turek
  • Member since Dec 30, 2018
Connect
Chris Turek
14
Votes |
33
Posts
Tax, SDIRAs & Cost Segregation

Purchasing in LLC vs Trust

Chris Turek
Posted

I'm looking at purchasing a family. The seller is an investor and I noticed they own the house in a trust vs LLC. Being a curious mind still new to this game I was curious if anyone here had any insight in way someone would want to own an investment 2 family in a trust vs LLC. I have not really seen anyone discussing this from a tax standpoint. My attorney mentioned it might have something to do with some bulk sale law we have here in NJ but he didn't have much detail. Any helpful thoughts are greatly appreciated.

Thanks

Chris

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