Lender · Glen Burnie, MD · Member since 2018 · 39 posts · 12 votes
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 ?
@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
@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
@Darron Washington thank you my first business was a failure honestly and I think it was because I didn’t enjoy what I was doing. I feel I will enjoy RE investing much more. I will talk with some people and get that set up
@Sean Beksinski thanks buddy, but no honestly there's many more experienced pros on here then me I just happen to be like a sponge with information and not scared to apply it. @BiggerPockets .com has many amazing forums with the same questions you have i'm sure, already answered waiting for you, you just have to go look!