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Updated about 13 years ago,

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Create a LLC holding company for property

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Hi,
What are the advantages/disadvantages of creating an LLC when buying a commerical property? I understand how LLC offers legal protection ina business situation, but how does it apply to real estate?
Also, do I take out a loan personally and transfer the property under the LLC name or borrowing using LLC? Are there any Tax advantages/disadvantages?

Thanks,
:beer:

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