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Updated almost 7 years ago on . Most recent reply

John Miller's profile image
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John Miller
  • Contractor
  • from Atlanta, GA
  • Member since Nov 24, 2017
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John Miller's profile image
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John Miller
  • Contractor
  • from Atlanta, GA
  • Member since Nov 24, 2017
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John Miller
  • Contractor
  • Atlanta, GA
4
Votes |
29
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General Landlording & Rental Properties

Rental Property under LLC?

John Miller
  • Contractor
  • Atlanta, GA
Posted

I am a newbie with Real Estate investing but have always wanted to get into rental properties. Single family to multi-family to commercial. I was wondering if it is wise to keep rental properties under an LLC or just a personal account?

Any other advice on how to get started would be great! I am a contractor so fixing up properties I can do myself and determine those prices quickly and easily. 

I plan to purchase my first one by the end of this year/ beginning of next year. 

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Ali Boone
  • Real Estate Coach
  • from Venice Beach, CA
  • Member since Oct 6, 2012
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Ali Boone's profile image
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Ali Boone
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  • from Venice Beach, CA
  • Member since Oct 6, 2012
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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
Replied

I wrote this article a while ago but there's a million comments on it with additional information as well.... about whether or not to do the LLC thing-

https://www.biggerpockets.com/renewsblog/2013/08/1...

I think it ultimately depends on the size of your portfolio and what's in it.

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