Updated about 3 years ago on . Most recent reply
LLC or No LLC that is the question
Hello everyone, I may have an easy question for most of you but seems to be catching me up for some reason. I already own a duplex but now I have a partner who would like to buy real estate too. Is it necessary to buy RE in an LLC when having a partner? What should I look out for? What type of lending does an LLC usually qualify for? I really apologize if this comes off as a stupid question but for some reason, I can't wrap my head around it. Thanks for all answers