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Updated over 6 years ago on . Most recent reply

User Stats

45
Posts
6
Votes
Stephen Neto
  • North Dartmouth, MA
6
Votes |
45
Posts

Buying Multis under individual or LLC ??

Stephen Neto
  • North Dartmouth, MA
Posted

As I am entering the beginning stages of owning multi families, I am looking for advantages of putting properties in my name or should I use a separate LLC for each property? Which is better for tax advantage point? Also which is better when it comes to getting finance? Do I become a bad risk to banks if I have properties in my name? By keeping in LLC's does that not effect my personal credit and financing capabilities? Newbie needs advice. Thanks.

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