All Forum Posts by: Brandon Johnston

Thanks guys, good information. 

Great info Wayne thank you, I will have to look at the homestead laws in my state as I know they're no as good as yours in Florida. 

Thanks Ed for your advice, I will try and do some digging on the tax advantages. I guess maybe if I got into a car accident and my insurance wouldn't cover something and a law suit comes. If the property is in an LLC instead of our personal names they could not go after the house correct?

My fiance and I are looking to purchase our first home and I have gotten mixed views on whether we should be purchasing a property in our own names or to put it in an entity. I haven't spoken to a professional yet on the matter but I've heard of the great BP community and the wealth of knowledge here. So yes, I am asking you guys for your advice on which route to go and why. Also with going with an entity, what would that process look like for getting financed? Thank you so muchain advance for your guys and gals help, we really appreciate it.

P.S. if there is another discussion thread that has this info a simple link will be okay as well, I am knew to BP and have only done basic research through the threads.

-Brandon J.