Sorry for the multiple posts, hopefully if you guys are still doing your “rapid fire” they will be quick answers.
I’ve heard you talk about [title] before, but was always confused as to how an RLT would play into this. Typically, the RLT should be in between you (and spouse) and your businesses in the trifecta, correct? Would you make an exception if using this strategy? Perhaps ownership of the holding company would be 99% RLT and 1% spouse? If that’s the case, would you even need to be married to do this? 99% RLT, 1% self should also generate a 1065 for all the rental income/loss, right?
If that doesn’t make much sense, it’s because I don’t know what I’m talking about, haha. Sorry! Thank you for clarifying this strategy.