Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
btn_google_dark_normal_ios Created with Sketch.
Continue with Google
Continue with Apple
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
BiggerPockets Exclusive PRO Area
PRO
General Real Estate Investing
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
Commercial Real Estate Investing
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Innovative Strategies
Mobile Home Park Investing
Multi-Family and Apartment Investing
Land & New Construction
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions presented by
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Personal Finance
Creative Real Estate Financing presented by
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation presented by
Foreclosures
1031 Exchanges presented by
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing

Updated about 8 years ago on . Most recent reply

Derrick Quarles's profile image
Derrick Quarles's profile image
Derrick Quarles
  • Investor
  • from Lexington, KY
  • Member since Oct 12, 2017

User Stats

7
Posts
2
Votes
Derrick Quarles's profile image
Derrick Quarles's profile image
Derrick Quarles
  • Investor
  • from Lexington, KY
  • Member since Oct 12, 2017
Derrick Quarles
  • Investor
  • Lexington, KY
2
Votes |
7
Posts
Buying & Selling Real Estate

Investing through a LLC

Derrick Quarles
  • Investor
  • Lexington, KY
Posted
Is it worth it to create an LLC when investing in commercial property with a partner? What are the major benefits? We found a great deal and the numbers add up. Will we be able to receive better financing by going through our LLC? Enlighten me about using an LLC for our investment portfolio
0 Votes
Follow
14 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Brian Schmelzlen's profile image
Brian Schmelzlen's profile image
Brian Schmelzlen
  • Accountant
  • from La Mesa, CA
  • Member since Nov 26, 2017

User Stats

477
Posts
476
Votes
Brian Schmelzlen's profile image
Brian Schmelzlen's profile image
Brian Schmelzlen
  • Accountant
  • from La Mesa, CA
  • Member since Nov 26, 2017
Brian Schmelzlen
  • Accountant
  • La Mesa, CA
476
Votes |
477
Posts
Brian Schmelzlen
  • Accountant
  • La Mesa, CA
Replied

If you have a partner, it is irresponsible to operate as a general partnership (the default if you are partnering and did not formally create an entity). The legal liability is not worth it.

3 Votes
Log In or Sign Up to Reply
Sort By:

Loading replies...