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Updated almost 2 years ago on . Most recent reply

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Drake Morel
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To LLC? Or not to LLC?

Drake Morel
Posted

Morning BP fam, 

I am getting ready to write an offer on my first investment property; a nice little 4 plex. At which point in the investing journey, if at all, should I consider starting and putting properties under an LLC?
All input is greatly appreciated. 

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It's generally a good idea to put your property in an LLC. It's protection for you, should there ever be a lawsuit.

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