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Updated over 5 years ago on . Most recent reply

Jessica Shell's profile image
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Jessica Shell
  • Member since Nov 12, 2019
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Jessica Shell's profile image
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Jessica Shell
  • Member since Nov 12, 2019
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Jessica Shell
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Buying & Selling Real Estate

Buy personally or make LLC (company)

Jessica Shell
Posted

I am about to purchase my first rental home. I do plan to purchase more in the future. My question is, when starting this, do I buy personally or start a LLC? Commercial loan rates are higher than personal, however I want to protect my personal asserts as well. And I want benefits tax purposes wise. (I am in Louisiana.) Any suggestions/advice?

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Jon Reed's profile image
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Jon Reed
  • Rental Property Investor
  • from Springfield, MO
  • Member since Nov 4, 2019
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Jon Reed's profile image
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Jon Reed
  • Rental Property Investor
  • from Springfield, MO
  • Member since Nov 4, 2019
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Jon Reed
  • Rental Property Investor
  • Springfield, MO
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462
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Jon Reed
  • Rental Property Investor
  • Springfield, MO
Replied

I would suggest doing a quick search... 

https://www.biggerpockets.com/search/topics?utf8=%E2%9C%93&term=LLC

You will be able to read through hundreds of posts about LLCs. 

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