Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

24
Posts
0
Votes
Jesse S.
  • Rental Property Investor
  • Washington, DC
0
Votes |
24
Posts

LLC for a multi family

Jesse S.
  • Rental Property Investor
  • Washington, DC
Posted

I have a few questions with regards to an LLC and it's applicability to owning a 4 unit multi family unit.

In short, I am curious as to what the advantages and disadvantages are and if an LLC is necessary.

Additionally, I am curious as to if I place the home under my current LLC what are the advantages and disadvantages?

P.S. I am in DC and the market here is ridiculous. I just got beat out yesterday... but at least I made my first offer. I am welcome to any excel sheets you think may help with analyzing the numbers to determine if it is a good deal or not. (First-time home buyer).

Thank you for your responses in advance

Loading replies...