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Updated about 8 years ago on . Most recent reply

User Stats

12
Posts
2
Votes
Michael Hood
  • Baldwinsville, NY
2
Votes |
12
Posts

Should I get a Business license?

Michael Hood
  • Baldwinsville, NY
Posted

Hey guy's! Just wanted to get some insight as to what I should do. I have been learning a lot for the past year... year and a half here on Bigger Pockets and will be looking to find a property for primary residence towards the end of the year and will be renting out the Condo I currently have a mortgage on. Was wondering if I should get a business license and put the unit under the business name or just keep it in my name? I do plan on having more units in the future. Financially now I could afford both, but at some point, once I accumulate more properties I'm assuming I will need an LLC? Thanks for your time everyone.

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