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Updated about 8 years ago on . Most recent reply

Kevin Atom's profile image
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Kevin Atom
  • from Grand Prairie, Texas
  • Member since Dec 8, 2015
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Kevin Atom's profile image
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Kevin Atom
  • from Grand Prairie, Texas
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Kevin Atom
  • Grand Prairie, TX
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Goals, Business Plans & Entities

When do you establish LLC ?

Kevin Atom
  • Grand Prairie, TX
Posted

Hello Folks!

I am about to purchase my first real estate investment. When should I establish an LLC ?
Thank you in advance for your thoughts !

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Claude S.'s profile image
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Claude S.
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  • from Savannah, Georgia
  • Member since Jul 9, 2016
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Claude S.'s profile image
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Claude S.
  • Investor
  • from Savannah, Georgia
  • Member since Jul 9, 2016
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Claude S.
  • Investor
  • Savannah, GA
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Claude S.
  • Investor
  • Savannah, GA
Replied

I set mine up ahead of time in addition to checking account in LLC name. That way I can pay fees etc related to purchase of property using the LLC account. And when closing occurs the property will be in the LLC name.

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