Investing in Residential Real Estate - Posted by Eric Stein

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
www.alglaw.com

Investing in Residential Real Estate - Posted by Eric Stein

Posted by Eric Stein on October 22, 2003 at 15:55:43:

I am starting to invest in residential real estate for rental purposes in NYS and was wondering what the best way to organize would be (S-Corp, Corp, LLC, LLP, LP, partnership, etc.). Are there tax benefits or other benefits to any? Thanks for your help.