Posted by Gary on October 30, 2003 at 09:42:18:
Someone please follow up. I have the same ? Also what do I do if I have some rental properties already owned in my own name and want to place in a trust and have the company own them? how do I word it in trust?
Question on Buying Subject To - Then Leasing - Posted by Utah Investor
Posted by Utah Investor on October 22, 2003 at 15:46:37:
I am currently setting up a system where I will be buying properties Subject To the existing financing, and then selling on a 2-3 year Lease/Purchase program.
My question is this: Should I buy the properties under a C or S-Corp and then transfer them to an LLC to hold while they are Leased out, or should I simply Buy and hold all my properties under the LLC for protection?
What are the positive’s and negative’s (If Any) of each option?