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Updated over 6 years ago,

User Stats

56
Posts
31
Votes
Tiffani T.
  • Investor
  • Renton, WA
31
Votes |
56
Posts

Setting up an LLC for rental properties

Tiffani T.
  • Investor
  • Renton, WA
Posted

I am fairly new with REI and could use some suggestions and/or advice from those who have had exposure to setting an LLC for your rental properties. I am undergoing the process of purchasing my 3rd home and the thought of setting up an LLC came to mind. An agent also recommended that I must have one. How do I set this up? Or should I even attempt since I will only have 2 rental properties, not 10 (not yet). I understand at some point I will need to widen this discussion with a CPA for tax implications and etc.

 And how?  

Tiffani

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