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Updated almost 3 years ago,
Understanding LLC for Real estate investing
Hello,
I am a newbie to the real estate investing and I am going to be purchasing a duplex this July. I am very confused on whether opening an LLC and having my rental income go through a LLC is beneficial? I have also seen discussions on opening an LLC per rental property, is this the most beneficial way to do this?
If anyone can give me a basic rundown of if an LLC is beneficial and how to use it to my benefit, I would greatly appreciate that. I seen different opinions and ideas all over the place and its just starting to confuse me.
Thank you for your assistance!