Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago,
Estate tax planning
Hope every had a great Thanksgiving. I had a quick question for you. I am wanting to move my primary residence to a living trust and use my personal LLC as the trustee. I rent out part of my house and run my business out of my house. I want to be able to maximize my tax benefits on that. My question is, should my LLC have its own business account as well as my trust. Or can I conduct everything with one account either with my LLC or trust. Thank you!