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Updated over 5 years ago on . Most recent reply presented by

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Jeff Maguire
  • Scottsdale, AZ
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How to best structure rental properties using an LLC

Jeff Maguire
  • Scottsdale, AZ
Posted

I am fairly new to owning rental properties and prior to building a portfolio of real estate, I want to make sure I go about setting up my business correctly. I have a few questions that I was hoping could be answered.

- Should each house be in a separate LLC or can a group of properties be clustered into an LLC?

- How does placing a home in an LLC affect the ability to get a loan?

- Will banks deny putting a real estate property in an LLC unless it is a commercial loan?

- Which type of attorney is best suited for this sort of work?

Thank you

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