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Updated over 5 years ago,
LLC First then Purchase? And an LLC for each property?
I’m getting ready to purchase my first investment property, and I plan to purchase more.
I am a realtor and already have an S-Corp set up for my salesperson business commissions.
Should I purchase my first home in my name (then transfer to an entity after the purchase), in my S-Corp or through a new LLC?
If I should purchase it through a LLC, should I have it set up first before purchasing?
And have you received advice to have an LLC for each rental property you own or would 1 suffice for multiple properties?