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Updated about 2 years ago,
LLC or rental first
Hi, I am new to the BP forum and in the process of researching my first rental. I plan to open an LLC to protect my assets. My question is -should I get the rental property first or establish the LLC first? Further, I have had some conflicting information about where to establish the LLC. Does it matter if I purchase property in a different state than my LLC is created? Thanks for the help!