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 11 years ago,

User Stats

942
Posts
501
Votes
Marci Stein
  • Rental Property Investor
  • New York, NY
501
Votes |
942
Posts

benefits of an LLC?

Marci Stein
  • Rental Property Investor
  • New York, NY
Posted

I have 3 homes ,2 rentals and 1 up for sale.No plans to buy another till i sell one. All three together are worth $180,000.

I have been buying R.E.more as a hobby in my spare time, still work outside of R.E.. Would it be wise for me to become an LLC?

what would be the benifits of starting a corporation with 3 homes, as opposed to being an individual who sells a home or 2 every 5 years?

thanks.

Loading replies...