General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago,
LLC set up for rental property and possible flips.
I was wondering if anyone could recommend how I should go about setting up an LLC for a rental property I have. I will also be purchasing more property to hold and also to flip.
My wife and I are doing this together with no partners and we live in Philadelphia. I don't know if there is a certain type of LLC that I should set up and also should a set up separate LLC's for the properties that I will be holding and the properties that I will be flipping? I'm new to all this so any feedback will prove helpful.
Thanks in advance,
Mike