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Updated over 7 years ago on . Most recent reply

Deangelo Mack's profile image
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Deangelo Mack
  • from Independence, Missouri
  • Member since Nov 21, 2016
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Deangelo Mack's profile image
Deangelo Mack's profile image
Deangelo Mack
  • from Independence, Missouri
  • Member since Nov 21, 2016
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Deangelo Mack
  • Independence, MO
18
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New Member Introductions

When should create an LLC?

Deangelo Mack
  • Independence, MO
Posted

Hey guys!!! I haven't done my first deal as of yet, and was wondering when I should set up my LLC? Before I purchase a property or after?

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Soh Tanaka's profile image
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Soh Tanaka
  • Property Manager
  • from Lindenhurst, IL
  • Member since Mar 6, 2016
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Soh Tanaka's profile image
Soh Tanaka's profile image
Soh Tanaka
  • Property Manager
  • from Lindenhurst, IL
  • Member since Mar 6, 2016
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Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
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854
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Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
Replied

Buy the house first. After you purchase the house, if you think you need LLC, then just transfer the title to the LLC. Just so you know, it's OK not to have LLC when you only have one property.

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