You can run your "business" as a sole proprietor.

Because my main goal is to have many rental properties, should I start off my venture as a LLC or save the money for now and start as a sole proprietor?

Originally posted by @Darsh Patel:...I'm trying to figure out whether the cost of the LLC is worth doing it now or if I should wait until my portfolio gets bigger....Limiting risk to source of risk:First, the theoretical basis for owning property under an LLC vs in your personal name is the same reason it is advisable (based on level of risk you are exposed to) to conduct business as an LLC vs say as a sole proprietor.

For example you can contribute more money tax free to an IRA or a life insurance policy in an LLC than as an individual or sole proprietor.

Hi,I have been self employed as a sole proprietor my whole life.

I will be working for a broker soon, but I was thinking I do not want to work under them as a sole proprietor .

I will be working for a broker soon, but I was thinking I do not want to work under them as a sole proprietor .

@Harry MetzingerIf you earn your self-employment income as a sole-proprietor, then so long as you have some flavor of sole-proprietor income in the future, the nature of the income itself can change over time.  

Doing business under your name or a sole proprietor leaves you open to all kind of potential liabilities.

If you position the agreement as purchasing ad labor, likely yes you can advertise it legally as a sole proprietor.