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Updated over 2 years ago,

User Stats

16
Posts
14
Votes
Luis Ramirez
  • Lake Orion Michigan
14
Votes |
16
Posts

How does creating an LLC benefit you in Buying and renting a hous

Luis Ramirez
  • Lake Orion Michigan
Posted

I am a new member of investing in real estate, and I have seen and heard things about people creating an LLC and running their properties like that. I am a little confused because to my understanding the LLC would be like a business and I believe you get better tax deductions. Could someone explain to me the benefits of doing this? Is this more of a having multiple properties thing? Do you have any personal stories about having an LLC for your investment journey?


Any help is welcomed.