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Updated almost 6 years ago,

User Stats

21
Posts
10
Votes
Brian LaPorte
  • Rental Property Investor
  • Cleveland, OH
10
Votes |
21
Posts

Buying the LLC instead of the property?

Brian LaPorte
  • Rental Property Investor
  • Cleveland, OH
Posted

We're looking at two opportunities where we might buy the LLC instead of the property. I haven't discussed with our attorney yet, but there seems to be some advantages. There are always negatives too. Just looking for any advice from experienced folks who have done this before. We're in Ohio. Not newbies, we have 8 properties ranging from SFH to 6-unit. Just have never even discussed the "buy the LLC" strategy until now.

Any feedback positive or negative is welcomed!

Thanks!

Brian

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