tax return

Hello, I was wondering if it will make a difference in filing taxes if I were to purchase a house in my name, under an LLC, or S-Corp? Will one get more tax breaks than the others? Which entity is the best in your opinion for 2 houses?

Thank you!

posted

If the houses are for your personal use, you should purchase them in your name. Only property used in a trade or business should be owned by a business entity.

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