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Updated almost 9 years ago on . Most recent reply
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Does a two-month flip necessitate and LLC?
Hi everyone,
I am currently under contract on my first flip property. The work on the property is not terribly extensive and should be completed in 2-3 weeks. I'm wondering if it still makes sense to put this property in an LLC even though I will only have it for a short time. I do plan to do more flips afterward if that enters into the equation.
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If this is the first of several, I would go ahead and form my entity now. Good luck.