This is where I think offices can succeed bringing people back, if there are things on site that benefit all tenants.

There are benefits to using the LLC, holding company, or trust, but they all come with costs and add complexity to your life that is often unwarranted.

I'm giving Marco the benefit of the doubt that he intends to keep his reputation and get this thing done right.  

I also don't understand why you would want to tie up your cash so long without the benefits of owning the properties.The scenario of you buying a few now and the rest in a couple years seems to be the most appealing for you both, why are you adverse to that?

The transaction allows investors to increase the liquidity and diversification of their real estate investments while deferring costly capital gains and depreciation recapture taxes that may result from the sale of a property.Benefits: REITs also can provide the same ongoing benefits of real estate ownership including income, depreciation tax shelter, principal pay down, and appreciation.

I recommend making an LLC since there is so much benefits to it.

And while appreciation can be a risky game to play on its own, in certain markets, it’s hard to ignore its long-term benefits if you’re holding for the right reasons.

Let's see how we can connect and hopefully can provide benefit to both of us especially since we are local.

@Jake Hughes A 1031 exchange is a great way to indefinitely defer all of the capital gains taxes, and gain access to that tax to use over time for your own benefit.

It earned about $35K a year, which combined with is retirement and social security benefits, provided him with top shelf top shelf living facilities - assisted living and then memory care.