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Updated over 9 years ago,
Unlimited Liability... Is a Limited Liability Company Beneficial?
As being new to the RE world I have read a lot about how LLC'S are very beneficial to RE Investors because it protects the individual from being sued and it protects the Identity of the individual who owns the property, and has many tax benefits. However then I read LLC'S are not needed unless you have a lot of properties such as rental homes or a large commercial property that is worth millions. So I need help understanding this subject. Does someone just starting off who may acquire a rental home or two really need to acquire those properties under a LLC or not?