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Updated about 6 years ago, 10/04/2018
Should I put my Rentals under a LLC
Hi, my husband and I recently purchased 2 duplexes in the north Texas area under our names. We are wondering if we should put the leases under our LLC as a way to protect ourselves? Is there any tax benefits for leaving the leases under our name or LLC. We are brand new to this and bigger pockets’ podcast and this forum has made a huge impact on our lives and changing the trajectory of our future. Cheers to more rentals and possible flips.
Thank you in advance for your advice.