stephenson
Thinks s/he gets paid by the post
- Joined
- Jul 3, 2009
- Messages
- 1,612
While I have done some reading on the topic, I would like to get an idea or how others have set up their business structure for rental properties.
We now have three small houses (total value about $500K) in the Florida panhandle ...location chosen because we travel to visit my sister there ...and she also has a couple of rentals ...can use the same repair folks, the ratio is pretty good, and she keeps an eye on them ...we still use a rental agency.
We are getting ready to set up a trust for the usual reasons, and while loading the properties into the trust is an option, are there better options and structures in our circumstance?
Thoughts?
Sent from my iPad using Early Retirement Forum
We now have three small houses (total value about $500K) in the Florida panhandle ...location chosen because we travel to visit my sister there ...and she also has a couple of rentals ...can use the same repair folks, the ratio is pretty good, and she keeps an eye on them ...we still use a rental agency.
We are getting ready to set up a trust for the usual reasons, and while loading the properties into the trust is an option, are there better options and structures in our circumstance?
Thoughts?
Sent from my iPad using Early Retirement Forum