Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago,

User Stats

31
Posts
5
Votes
Patrick Capriola
  • Rental Property Investor
  • Jacksonville, FL
5
Votes |
31
Posts

LLC's and Land Trusts

Patrick Capriola
  • Rental Property Investor
  • Jacksonville, FL
Posted

I have a question that I hope some of you may be able to answer.

We are working on setting up a business structure for our rentals.

The first tool that we will use is insurance.

After that we are are presented with a decision.

Should we put each property in a Land Trust then put them under an LLC or should we create two LLC's and split the properties in half between the LLC's? Then perhaps we could put another LLC over the two as a holding company...

The second option is more expensive but is it a better business structure?

The info online ranges widely on this topic as does the info we have received from lawyers and accountants. This forum is always so helpful I just wanted to see what some of you were doing.

Thanks.

Loading replies...