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Updated about 7 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Ben Le Fort
  • KITCHENER, ONTARIO
1
Votes |
8
Posts

Hold Property In Personal Name or Corporation?

Ben Le Fort
  • KITCHENER, ONTARIO
Posted

Hi, I just bought my first rental property, I am looking to acquire more single and or multi family rentals as soon as possible. I am wondering if I should hold these rentals in a corporation/LLC or in my personal name? My main concern is liability/being sued, i've been lead to believe incorporating will reduce my personal liability.

Thanks,

 Ben 

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