If you plan to have rental properties should you get an LLC?

[Vernon Johnson]

So I've been thinking to myself if I should get an LLC or not? For my rental property investments in the future. Wanted to know if anyone has ever done that? And the pros and cons If any. Thank you so much.

[Dave Spooner]

@Vernon Johnson Best practice would be putting your investment in and LLC. As @Account Closed stated this protects you from someone coming after your assets by separating them. Also, forming an LLC gives you the benefit of pass-through taxation.

Here is a BP blog that gives you a deeper dive of the pros and cons: 

https://www.biggerpockets.com/blog/real-estate-llc-not-best-option