All Forum Posts by: Anthony Dupre

@Stetson, for teaching purposes, do you mind sharing what type of business structure you use and how it is structured all together? Thank you!

Planing on starting buying my first multiplex -6-8 unit  and another one every 6 month 

@Chris Seveney @Stuart Udis

Thank you so much for the clarity and clear explanation—it makes perfect sense.

I’d appreciate your help in understanding business structures now. Assuming you're buying 2–3 multifamily homes per year in several different states, I understand the need for LLCs for protection. But how would you structure that?

Would it be one property per LLC? Or would you set up a parent LLC to hold all the individual LLCs in different states? If so, what's the purpose of that holding company, assuming anonymity is not a priority?

Additionally:

• Is there a specific state where it makes more sense to establish the holding company (now that anonymity in states like WY or DE isn’t the focus)?
• Are there any tax or management benefits to this approach?
• Or is it as straightforward as buying the multifamily property, putting it under an LLC, and then registering that LLC in your state as well?
  Any books, blog, etc where you would recommend starting to learn about these business structure etc, that are not written with the only purpose to sell you something ?

Thanks so much to everyone for all the helpful information—I really appreciate it!

@Chris Seveney

Would you mind sharing a high-level overview of the structure your billionaire friends have set up? This would help us benchmark and explore simpler alternatives while understanding how complex the structure mentioned above truly is.

I assume they are not actively managing their business? How do they maintain their anonymity?

Thanks so much, and wishing you a Happy Thanksgiving!

Hi everyone,

I often hear advice like, "Form an LLC later when your portfolio grows." But how can you transfer a property into an LLC later without triggering the due-on-sale clause? Is this even feasible?

Happy Thanksgiving to everyone! Thank you!

Thanks !

I know most of your comment aim at people who probably start with 20K and bring small properties. we are planing on investing 250k to 500k as a 25% down payment a year, hence the question. Would that change the above strategy/comment/ approach?
Thanks

Anthony

Agree! Meanwhile do you have thought on the above ? Thanks!

Hi,

My wife and I are starting our journey into real estate investment. While we currently reside in California, our focus is on acquiring properties outside the state, particularly in Arizona, Nevada, Texas, and Pennsylvania. Our goal is to purchase two multifamily properties per year, and we want to ensure that we establish the most effective structure for asset protection from the outset.

We’re exploring options such as Subsidiary LLCs, Parent LLCs, and Irrevocable Trusts to maintain both asset protection and anonymity. I’d greatly appreciate your thoughts or suggestions on alternative approaches we might consider. the pro and Cons of this approach recommended by a lawyer, when it comes to tax, refinance, etc..

Additionally, if you know of any CPAs or lawyers in your network who specialize in real estate investments and asset protection, I’d be grateful for a recommendation (DM me)

Looking forward to your insights, and thank you in advance for your help! Wishing you a Happy Thanksgiving!

Best regards,
Anthony

@Jake Baker 

Hi Jake,

If she does that, would it trigger the due-on-sale clause? and have some Tax revaluation ?

@Brady Hales @Jason Marino, aren't you supposed to register this WY LLC in the state you are living in as it is considered doing business from that states and then losing the anonymity purpose of that WY. my understanding is that the reason to put it into a irrevocable trust is for asset protection purpose as you do not own these properties anymore. what am I missing ?