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Updated about 2 years ago on . Most recent reply

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Anurag Pulla
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Should I move my rental under an anonymous company?

Anurag Pulla
Posted

Hello everyone,

Rookie investor here, I bought a rental in the outskirts of Atlanta, GA and I lately realized that the right way to hold properties is under an anonymous company. I am not entirely sure of how this works but could you guys please point me to the right direction?

Thank you very much in advance.

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,326
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Anurag Pulla:

You will hear three people pushing for LLCs: amateurs that heard it on a YouTube or TikTok video, big investors with millions in equity, and attorneys.

You don't need to worry about creating an LLC, setting up a website, or otherwise acting like a millionaire. Your focus should be on knowing the law and treating your tenants honestly and fairly. That will protect you better than an LLC or insurance.

  • Nathan Gesner
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