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Updated over 7 years ago, 04/20/2017
LLC vs Individual Ownership
Hello BP,
I know in general, most recommend using LLC when buying property to some way to limit your liability from the property.
1. Any disadvantage of LLC over owning individually?
2. Do you get less preference from lenders in terms of terms and APRs when using LLC vs individual borrowing?
3. I am assuming there is a tax benefit to own under LLC vs