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Updated almost 4 years ago on . Most recent reply

User Stats

30
Posts
12
Votes
Thomasina Pearce
  • New to Real Estate
  • New York / Cleveland
12
Votes |
30
Posts

Should a beginner set up an LLC for their investment properties?

Thomasina Pearce
  • New to Real Estate
  • New York / Cleveland
Posted

Hi BP family! I am currently reading Real Estate investing 101 and the author advises against owning investment properties in your own name & recommends setting up an LLC as a form of personal asset protection. I know there may not be one end all be all answer, but would this be the right move for someone just starting out? Or more so when they've got a few properties under their belt? Thanks for your help! :)

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