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Updated about 6 years ago on . Most recent reply

Liliana Tepan's profile image
Liliana Tepan's profile image
Liliana Tepan
  • Rental Property Investor
  • Member since Feb 17, 2018
  • Posts 7
  • Votes 2
  • Experience 7 Yrs
  • Investments 1
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Liliana Tepan's profile image
Liliana Tepan's profile image
Liliana Tepan
  • Rental Property Investor
  • Member since Feb 17, 2018
  • Posts 7
  • Votes 2
  • Experience 7 Yrs
  • Investments 1
Connect
Liliana Tepan
  • Rental Property Investor
2
Votes |
7
Posts
Starting Out

Should I create an LLC for a house hack?

Liliana Tepan
  • Rental Property Investor
Posted

Any advice on creating an LLC while house hacking? Any reason why I should or shouldn't?

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Anthony Wick's profile image
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Anthony Wick
  • Rental Property Investor
  • from Ankeny, IA
  • Member since Aug 10, 2017
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Anthony Wick's profile image
Anthony Wick's profile image
Anthony Wick
  • Rental Property Investor
  • from Ankeny, IA
  • Member since Aug 10, 2017
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Anthony Wick
  • Rental Property Investor
  • Ankeny, IA
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Anthony Wick
  • Rental Property Investor
  • Ankeny, IA
Replied

@Liliana Tepan

I house hacked a duplex without an LLC. Then formed an LLC with partners and purchased more properties. You'll get 50% of people going either way on this. If you don't form an LLC, just get an umbrella insurance policy and you'll be fine.

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