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Updated about 2 years ago on . Most recent reply

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16
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9
Votes
Dolev Shemesh
9
Votes |
16
Posts

Starting out an LLC?

Dolev Shemesh
Posted

Hello, 

I'm a beginner real-estate investor with few properties in my portfolio. As i'm trying to expand I was think about opening an LLC.

Will an LLC provide me with any tax benefits? what are some of the benefits (besides the obvious liabilities portion) of having an LLC?

Also - should I put all properties under the same LLC or separate those out to max out liabilities options?

Thank you for your help.

Most Popular Reply

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59
Posts
77
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Olia Fogel
  • Attorney
  • New York
77
Votes |
59
Posts
Olia Fogel
  • Attorney
  • New York
Replied

If you plan on holding multiple properties in one LLC, and you're not a CA resident, then I would recommend looking into a Series LLC, as it has unlimited scalability. Creating new series does not require any additional filings or fees with the state. Each series receives complete liability protections while you avoid the cost of creating an entirely new company each time you acquire a new property.

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