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Updated over 7 years ago,
LLC for property management only?
Hello BP!
I've been lurking around for a while and now my husband and I are in the process of closing on our first house-hack! I have about a million questions, but I will start with just one.
We are deciding whether we should start and LLC. We would like to do this for tax reasons and also to possibly distance ourselves from being the "owners" of the property to just being the property managers in the eyes of the tenants. I am wondering if it's possible to start and LLC just to run the rent and property management through but not hold the house in the name of the LLC.
Thanks in advance!