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All Forum Posts by: Marissa Harris

Marissa Harris has started 1 posts and replied 3 times.

Originally posted by @Michael Craven:

@Marissa Harris there are pros and cons to both, but I prefer owning it personally because banks will provide residential loans versus commercial loans if it is in an LLC.

Best of luck!

Thank you!

I'm planning on purchasing my first rental property in 2020. A single unit rental. Is it better to form an LLC and purchase the home or purchase it under my name personally?