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Updated about 7 years ago,

User Stats

27
Posts
12
Votes
Mark Bascetta
  • Rental Property Investor
  • New Britain, CT
12
Votes |
27
Posts

Bought first multifamily. Should I make a LLC?

Mark Bascetta
  • Rental Property Investor
  • New Britain, CT
Posted
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?

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