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Updated almost 2 years ago,
Landlord (Lady)/Property Manager - LLC?
I purchased a multi-unit home as my primary residence almost a year ago. I've been looking into whether or not I should get an LLC. I've read that since the house was purchased in my name and not a LLC, I may have to pay off the mortgage to have the deed transferred (not interested).
Would it still benefit me to get a LLC right now? I am planning on buying more properties in about a year or so.
I was also considering getting a LLC as a property manager. My expenses are already separated but I'm not clear on the benefits.