Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 18 years ago,
Corporation or not
Two friends and I are about to begin investing in real estate (rental properties as well as rehabs). This is going to be in our spare time at first (nights, weekends, etc.). My question is what are the benefits or drawbacks of forming an LLC related to real estate? getting a mortgage, etc.? is it better to not have an LLC?
Thanks for any help!!