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Updated almost 4 years ago,
Why all the investors not using LLC if expenses can be pre-taxed?
Hey all
I am new to this! Just bought my first house, and with my considerations of naming the house after me or after my newly opened LLC, I do some research.
So with the discussion of an LLC versus personal home ownership, people usually talk about liability and privacy.
But If I understand the logic,
If I get a 2000 rent payment this month to my LLC, I can buy a new dryer and washing machine with PRE TAX money and at the end of the year, it will be as an expense - thing that we cannot with having the house registered to ourselves. same thing in re-investing the money.
Can someone explain to me that logic?
Thank you all!