All Forum Posts by: Kaylee Sheppeck

Appreciate! Definitely will! Having the right terms now will definitely help me out! 

This is extremely helpful thank you so much! The liability aspects makes a ton of sense.  

I have one last follow on question. If I purchase the property in my name, but also have an LLC. Can I have the rental income go to my LLC so it does not increase my personal tax bracket and pay the mortgage through the money in my LLC? Then the income that goes to my LLC gets taxed as the company not as me personally.

Or is this the same thing as having the home purchased with an LLC.

Hello, 

I am a newbie to the real estate investing and I am going to be purchasing a duplex this July. I am very confused on whether opening an LLC and having my rental income go through a LLC is beneficial? I have also seen discussions on opening an LLC per rental property, is this the most beneficial way to do this?

If anyone can give me a basic rundown of if an LLC is beneficial and how to use it to my benefit, I would greatly appreciate that. I seen different opinions and ideas all over the place and its just starting to confuse me.

Thank you for your assistance!