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Updated about 8 years ago,

User Stats

7
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0
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Steve Al
  • NYC, NY
0
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7
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Questions on Trusts and LLCs

Steve Al
  • NYC, NY
Posted

New here, my brother and I would like to buy a rental property here in NY. Im new to the game but I went to a seminar and the speaker said to set investments up through a trust and then through an llc. Which is the best way to set this up? I would be renting to college students in upstate NY. Also, is there any benefit to setting up a consulting company to my llc for any tax benefits or to keep $$ in different account to limit liability? Thanks!

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