Posted by Clint Coons on October 25, 2003 at 11:24:43:
Eric,
There can be a huge difference between these entities when it comes to real estate investing. Many times my clients want a one size fits all structure but that is impossilbe because everyone is different. I typically recommend the use of a corporation and an LLC (possible multiple LLCs) or limited partnership. My advice is always do it right the first time and keep it as simple as possible. I have set up hundreds of these strutures and this philosphy has served my clients well for many years.
Very truly yours,
Clint Coons
Anderson Law Group, PLLC