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Updated over 5 years ago on . Most recent reply

Derek McGillicuddy's profile image
Derek McGillicuddy's profile image
Derek McGillicuddy
  • from Millinocket, ME
  • Member since Nov 27, 2016
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Derek McGillicuddy's profile image
Derek McGillicuddy's profile image
Derek McGillicuddy
  • from Millinocket, ME
  • Member since Nov 27, 2016
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Derek McGillicuddy
  • Millinocket, ME
1
Votes |
18
Posts
Starting Out

LLC VS NO LLC that is the question

Derek McGillicuddy
  • Millinocket, ME
Posted

Looking for advice. I currently own two homes I would like to rent(not currently rented). What is your experience with forming and LLC or not. Is there a lot better benefits with taxation with being an LLC. I have also read up and found a lot of people go with umbrella policies vs LLC for personal asset protection. Any advice welcomed.

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