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Updated over 6 years ago, 05/20/2018
First rental property - LLC?
What's up BP!
I Live in PA and I'm buying in the area I live in . I'm In a contract on my first rental property. It's a 2 unit side by side double. I've been getting mixed advice on setting up an LLC on the property and if so that I should do it prior to closing so I don't have to transfer.
Any advice on if I should set up LLC for just owning one property at the moment? I'm looking for Pros and cons and alternative suggestions!