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Updated about 4 years ago on . Most recent reply
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Should we Start a LLC or Other Form of Business?
Greetings,
I'm wondering if we should start a LLC or some other type of business to do the following?
We are currently debt free but are wanting to take out a mortgage on the home we own, we are going to purchase Crowdstreet offerings and/or other notes, debt, etc. with the funds. In essence, we would be paying 4.125% for the mortgage and making whatever the funds pay (10-12%).
We plan on doing this a number of times to acquire numerous paying notes and funds.
But my question is, should we run this through a business of some kind? If so, which one (LLC, corp. etc.) and what would the benefits be?
Thank you.
Mike