Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
btn_google_dark_normal_ios Created with Sketch.
Continue with Google
Continue with Apple
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
BiggerPockets Exclusive PRO Area
PRO
General Real Estate Investing
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
Commercial Real Estate Investing
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Mobile Home Park Investing
Innovative Strategies
Multi-Family and Apartment Investing
Land & New Construction
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions presented by
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Personal Finance
Creative Real Estate Financing presented by
Private Lending & Conventional Mortgage Advice
Insurance
Tax, SDIRAs & Cost Segregation presented by
Foreclosures
1031 Exchanges presented by
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing

Updated over 10 years ago on . Most recent reply

Anthony Colonnetta's profile image
Anthony Colonnetta's profile image
Anthony Colonnetta
  • Investor
  • from Houston, TX
  • Member since Jun 18, 2015

User Stats

39
Posts
8
Votes
Anthony Colonnetta's profile image
Anthony Colonnetta's profile image
Anthony Colonnetta
  • Investor
  • from Houston, TX
  • Member since Jun 18, 2015
Anthony Colonnetta
  • Investor
  • Houston, TX
8
Votes |
39
Posts
Starting Out

Is an LLC or LP better for real estate investing?

Anthony Colonnetta
  • Investor
  • Houston, TX
Posted
I am a young real estate investor who will start investing in the next couple of years. I know you all aren't attorneys but what is better LLC or a LP? I am stressing about all of this and wondering if I have to learn about a LP and LLC or do I just let my future attorney worry about this?also, with a LP do you have to be in a partnership with someone else? How does that work? Thanks a lot for the future feedback! Anthony
0 Votes
Follow
4 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Josh C.'s profile image
Josh C.'s profile image
Josh C.
  • Property Manager
  • from Indianapolis, IN
  • Member since Aug 30, 2010

User Stats

1,360
Posts
1,384
Votes
Josh C.'s profile image
Josh C.'s profile image
Josh C.
  • Property Manager
  • from Indianapolis, IN
  • Member since Aug 30, 2010
Josh C.
  • Property Manager
  • Indianapolis, IN
1,384
Votes |
1,360
Posts
Josh C.
  • Property Manager
  • Indianapolis, IN
Replied
Just let your future attorney worry. Just try to make something happen. Why wait a few years to begin? I heard tomorrow is a good day start.
  • Josh C.
    • 2 Votes
    Log In or Sign Up to Reply
    Sort By:

    Loading replies...