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All Forum Posts by: Robert Way

Robert Way has started 4 posts and replied 12 times.

Post: Am I over complicating this?

Robert WayPosted
  • Investor
  • Elkhorn, WI
  • Posts 12
  • Votes 0

Huy,

Thank you for the resopnse. We will have two duplexes at the end of this transaction. I do not know if that makes a differance. I am also going to have an umbrella coverage as well.

Post: Am I over complicating this?

Robert WayPosted
  • Investor
  • Elkhorn, WI
  • Posts 12
  • Votes 0

I know this topic has been posted in the past. Just would like some input from people who do this stuff all the time.

We are buying our first propertys;Two duplexs. I would like to set up an LLC for a holding company and manage the property through my construction company. After talking to an attorney, that sounded like the way to go. Then I was talking to my tax guy and he said just manage it through the construction company.

I am just looking for the best way to protect my personal assets. I know each case is different. Just some thought?