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All Forum Posts by: Kenneth A Morris

Kenneth A Morris has started 2 posts and replied 3 times.

Tax, SDIRAs & Cost Segregation

Post: How many properties per LLC?

Kenneth A MorrisPosted
  • Atlanta, GA
  • Posts 3
  • Votes 0

How many properties should be kept in an LLC from the perspective of asset protection? Will it provide any more protection for my properties if I open multiple llc's and only keep a few properties in each llc's name?

0 Votes
General Landlording & Rental Properties

Post: New house vs old house

Kenneth A MorrisPosted
  • Atlanta, GA
  • Posts 3
  • Votes 0

I forgot to state that we are looking at these to be rental properties

0 Votes
General Landlording & Rental Properties

Post: New house vs old house

Kenneth A MorrisPosted
  • Atlanta, GA
  • Posts 3
  • Votes 0

My wife and I are looking to buy our first real estate investment in the south Atlanta metro area. Our real estate agent has found us multiple properties built any where from the mid 60’s to won’t be completed until June of 2019. The older houses being from mid 60,s to mid 70’s are any where from 59k to 80k needing minor repairs such as paint and trim etc. the newer houses are 120k and up needing no work. My question is, taking cap ex into account, are the newer houses worth the extra money in the long run.

0 Votes