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Updated over 3 years ago, 09/06/2021

George Wang's profile image
George Wang's profile image
George Wang
  • from Morristown, New Jersey
  • Member since May 30, 2018
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George Wang's profile image
George Wang's profile image
George Wang
  • from Morristown, New Jersey
  • Member since May 30, 2018
Connect
George Wang
  • Morristown, NJ
0
Votes |
4
Posts
Tax, SDIRAs & Cost Segregation

Can I form a LLC to manage my own properties?

George Wang
  • Morristown, NJ
Posted

Long story short, I would like to funnel all the rental income from my properties to my property management LLC and pass profit/loss onto me after deduction. I am interested in doing this because I can potentially expense my MBA degree when I otherwise can't.

Does anyone have any legal / tax opinion on this? Is this doable?

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