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Updated over 9 years ago,

User Stats

10
Posts
5
Votes
Carlos Silva
  • Investor
  • Oakley, CA
5
Votes |
10
Posts

Some advice

Carlos Silva
  • Investor
  • Oakley, CA
Posted
I currently own three properties, two duplexes and one single family. Which I would like to transfer title to create three separate LLCs, Is that the right way to go. I live in California also heard that it would be wise to set up a corporation and Nevada and make it a partner with the LLCs.this sounds very overwhelming and not really sure what should be the first step and financially if it makes sense to do all that. Or should I just set up a corporation out of Nevada and just put all three properties under that. Also if there's any tax benefit in do this since I'm being nailed on taxes. Thank you any advice would be most appreciated

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