Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
Purchasing investment property through a business entity
I am about to purchase my first investment property. It's a small SFR that my parents are going to rent from me.
I heard a while back that it was best to create a new business entity for every property you purchase for the purpose of (I believe) liability issues.
Is there truth to that? Or does it not apply in my situation? Any thoughts?