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Updated about 1 year ago,
Preparing to buy my first property
Hello everybody,
I have been a lurker on bigger pockets for a while now and have learned a lot. I am in the process of buying a rental property and I plan to put the property in a llc. I have filed the llc with the secrets of state, I have my ein to start my business account at my bank and I am buying the property in the llc. I want to make sure that I have all of my bases covered to where if there was a lawsuit that it could not come back to me personally. This is my first time having a llc and I am still trying to understand the ins and outs of them. If it matters I am located in ky. Thanks!