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  • Is an LLC or a Trust Better for Investment Property

    By Elie Abouzeid - 12.01.24 1
    Home Topics Getting Started

    I have an investment property in the form of a 4 family house. Itʼs currently in my name and Iʼm trying to identify whether itʼs better for tax purposes and liability to transfer ownership of the property to an irrevocable or revocable trust or whether itʼs better to transfer to an LLC. In either scenario, the LLC will be managed by me. My main goal is to asset protection and tax minimization.

    1

  • Evelyn Montelongo

    Member
    14.12.24

    Hi Elie, I’m also interested in what others have to say about this. I have been going back and forth on setting up a LLC for asset protection as well. I also want to know more about the tax benefits. Google has many answers but it’s overwhelming to scan through each one.

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