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Updated about 1 year ago on . Most recent reply

User Stats

12
Posts
8
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Keith Sehi
  • Investor
  • Illinois
8
Votes |
12
Posts

Put land in a llc or no?

Keith Sehi
  • Investor
  • Illinois
Posted

I will begin the purchasing process of a half acre wooded lot on kentucky lake next week. Our plan is to eventually (2 or 3 years) to put a small cabin on it and use as a family vacation home and a str while we're not there. My question is do I put the land into my llc or just place it under my name? Thanks!

Most Popular Reply

User Stats

25
Posts
74
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Replied

It depends on the use case, based on your plans i don't see why would you need an llc, since the investing and business side of it will be very limited

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