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Updated about 7 years ago,
Bought first multifamily. Should I make a LLC?
I just bought a 3 family house in Central Ct with Fha as my first property. My father is my partner and wants to do a LLC to protect his personal house. I do plan on acquiring multiple properties in the future. Ive seen some investors make a property management llc...why? What are the benefits or drawbacks of all this? Should I make a llc?