Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

338
Posts
129
Votes
Sam Erickson
  • Real Estate Broker
  • Milwaukee, WI
129
Votes |
338
Posts

What's the deal with CPAs advising against LLCs?

Sam Erickson
  • Real Estate Broker
  • Milwaukee, WI
Posted

I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.

Am I missing something because this seems crazy to me? 

I could understand CPAs advising against an LLC for each property because they don't want to file all the deferent schedules ( I don't agree with that but I understand it). At the very least I would think you would want at least one LLC to protect your personal assets.

Loading replies...