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Updated almost 7 years ago on . Most recent reply

Sean Beksinski's profile image
Sean Beksinski's profile image
Sean Beksinski
  • Lender
  • from Glen Burnie, MD
  • Member since Aug 3, 2018
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Sean Beksinski's profile image
Sean Beksinski's profile image
Sean Beksinski
  • Lender
  • from Glen Burnie, MD
  • Member since Aug 3, 2018
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Sean Beksinski
  • Lender
  • Glen Burnie, MD
12
Votes |
39
Posts
Goals, Business Plans & Entities

Own a LLC before doing deals ?

Sean Beksinski
  • Lender
  • Glen Burnie, MD
Posted
Hello BP, Im 20 years old I started a business 2 years ago for something I turned out to seriously not like. However I really enjoy real estate investing and want to know If i should have a LLC to do deals ?
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Darron Washington's profile image
Darron Washington's profile image
Darron Washington
  • Specialist
  • from Phoenix, AZ
  • Member since Jul 4, 2018
  • Posts 63
  • Votes 17
  • Experience 7 Yrs
  • Investments 1
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Darron Washington's profile image
Darron Washington's profile image
Darron Washington
  • Specialist
  • from Phoenix, AZ
  • Member since Jul 4, 2018
  • Posts 63
  • Votes 17
  • Experience 7 Yrs
  • Investments 1
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Darron Washington
  • Specialist
  • Phoenix, AZ
17
Votes |
63
Posts
Darron Washington
  • Specialist
  • Phoenix, AZ
Replied

@Sean Beksinski simple answer, yes! gives you great protection depending on your location and good tax benefits. Although i must mention it's not necessary

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