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Updated over 9 years ago on . Most recent reply

User Stats

83
Posts
11
Votes
Brandon W.
  • Llanybydder, Wales
11
Votes |
83
Posts

Unlimited Liability... Is a Limited Liability Company Beneficial?

Brandon W.
  • Llanybydder, Wales
Posted

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?

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