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Updated about 3 years ago,
LLC for a Long Term Investment?
Hi! I am thinking about buying a few parcels (in other state) and... do NOTHING with them for next ~10 years (so no income, minimal annual expenses). Then, depending on the situation, I would either sell, build houses and sell them, and/or build a house for myself on one of them.
I was wondering if this would be a good case for LCC? I would like to separate my day-to-day life (W2 employee) and real estate investments.
Any thoughts?
Thank you,
Ronald