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Ken McElroy Show

Best Ownership Structures for Real Estate Investing | Eric Freeman, Beach Fleischman

Ken McElroy Show

Ken McElroy

Business, Investing, Education, Business News, News

4.8692 Ratings

🗓️ 26 August 2020

⏱️ 20 minutes

🧾️ Download transcript

Summary

Join Ken as he talks with Eric Freeman about the best ownership structures for real estate. Eric discusses the various types of legal entities that can be established and explains why some forms of legal structure are much better than others.To contact Eric or learn more about his firm you can follow this link: https://beachfleischman.com/about/leadership-team/eric-freeman/Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Real Estate Strategies Podcast.

0:04.0

I'm Ken McRoy and I'm here to give you creative ideas on how you can get started or continue your journey in real estate.

0:11.0

Each week we will bring you inspiring and informative conversations with successful people and their path to obtaining or investing in real estate.

0:20.0

Enjoy the episode. Hey everybody's Ken McRoy real estate. Enjoy the episode.

0:22.7

Hey everybody's Ken McRoy and we're here on real estate strategies and I'm here with my

0:27.4

friend Eric Freeman. Hey Eric. Hey, Ken. Happy to be here. Yes. Eric. Eric's with Beach Fleshman

0:34.4

and they are the company that does most of our tax returns.

0:39.0

So for those of you that know, we have a lot of property, a lot of self-storage and office and

0:44.5

multifamily and land and new development, et cetera, et cetera, et cetera.

0:48.0

And we meet with Eric every quarter to go over our tax strategies.

0:53.6

And we do right around around a hundred tax returns yeah

0:57.5

that's about right so yeah so our company does about 100 tax returns every year and of course

1:03.0

right before this i thank you for bringing a lot more tax returns up here today you're welcome i just

1:07.4

wanted you to be tired when you're signing them so this is a great opportunity for you guys because, you know, taxes are confusing, even to Ross and I.

1:15.8

I mean, you know, there's a lot of law changes and there's lots of things that happen and there's lots of things you can do legally to save on tax.

1:22.8

So the first question we're going to talk to you guys about is, you know, around ownership,

1:28.6

ownership structures.

1:29.7

You know, I know, there's a lot of confusion around this, you know.

1:34.1

And so, Eric, what do you feel is the best ownership structure for, you know, for the

1:39.5

real estate investor?

1:40.5

What are, what are some pros and cons?

1:42.4

Yeah, that's a great question.

...

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