Purchasing your first property under yourself or as a company

[Shawn Ziegaus]

Thankyou for taking the time to read this post. I am new to REI and am looking to purchase my first property ( a multiplex that I plan to house hack ). I am curious as to which way of purchasing the property would be considered the better. Should it be purchased under a corporation/ LLC ? Or should it be purchased underneath myself as an individual ? Any feedback is greatly appreciated.

[Jim Pellerin]

@Shawn Ziegaus Yes, there is a cost to setup up your corporation and to file your returns each year but I always suggest setting it up fo your first property. It makes things cleaner as you add more properties. It also offers limited liability.