Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

25
Posts
3
Votes
Tyler Witkowski
  • Rockford , Il
3
Votes |
25
Posts

Start LLC or no?

Tyler Witkowski
  • Rockford , Il
Posted

Hello BP,
I am starting out in Real Estate and I was wondering for my first purchase into my portfolio should I buy under my own name, or an LLC?

I know down the road this would be beneficial for tax purposes, but for your first buy would it be to any benefit. If there is any resources I can look at that would be helpful. Otherwise when the time comes closer to purchase I would have to get an CPA to help me out with this question.

Thank you all in advance, have a wonderful day!

Loading replies...