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Updated about 10 years ago,
When to incorporate with a Buy and Hold strategy
I eventually want to own several properties that I will rent out. I understand the merits of creating an LLC or some other legal protection entity.
Now at my point, I don't own anything though I plan to get my first property in the next few months and rent it out (owner occupied).
Do you suggest I create an LLC and buy the property through that? Should I get the property under my name and manage the tenants through an LLC? Should I worry about all of this later when I own more properties?
Thoughts please.
Thanks