Purchasing a First Property - Private or LLC? In the process of acquiring a first property for Rental. The developer insisted that he did not…

Purchasing a First Property - Private or LLC? "In the process of purchasing the first property for Rental. The developer insisted that he did not ...

Purchasing a First Property - Private or LLC?

In the process of acquiring a first property for Rental.
The developer insisted that it is not mandatory to open an LLC but to register the property in my name because it is the first property.
Is it recommended? What are the consequences? “
  • The first houses we purchased were renamed for a number of years and later moved under LLC
  • For one or two properties there is really no justification. What's more, this is a one-time expense…

More



Link to the original post on Facebook - Works on a desktop computer (To view the post must be members approved for the forum)

Related News Real Estate Entrepreneurs

Responses