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Multi-Family and Apartment Investing

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Vivek R.
  • Norwood, MA
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LLC for Multi Family Property

Vivek R.
  • Norwood, MA
Posted Sep 3 2017, 15:29

Hi,

I just bough my first 6 fam unit in RI. I am thinking of forming an LLC soon. I am wondering if folks can answer few basic questions :

1) I am based in MA - Should I form LLC in RI or MA?

2) Is forming LLC is a prudent think to do to reduce personal liability ?

3) Will I have to file return for the LLC every year ?

4) What will be the process of transferring the deed from me to the LLC? Can I do it myself ?

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