When to form an llc. before or after your fist deal?

[Jeff Klinger]

I am a buy and hold investor currently searching for my first deal in the Western New York area (Buffalo) .  I've read about the tax benefits and extra layer of protection you get with an llc, but can you form one before you own any property and are just starting out?

[Brian Ploszay]

I would always recommend to put all of your properties into an LLC. In your contract, you can write that you will have the option to place your property into an LLC at closing. Let an attorney do the work for you. Form the LLC once you have the property under contract.