Form a LLC or personal name to invest

[Weikang Chen]

A couple of my friends are starting out to invest in RE. We couldn't decide whether to go in with our individual names or form a partner LLC. Can someone give us some guidelines which is a better way to go? For minimum we understand the legality and financial protection of having a LLC. But at the same time, doing taxes with LLC maybe a burden. I guess we trying to understand the complication of deal with taxes and how much it would cost versus doing this with our own name. Please advise..