Should I Start a Business for My Rentals

[John Cummings]

I'm still about 6-12 months away from starting my search for my first rental property but I have some questions. 1. Should I establish a formal business, (LLC or other business type) 2. What business structuring would give me as the owner the most liability protection, if any? 3. Would simply running all finances through my personal account versus a business account have any affect on my liability? Any and all help is appreciated. Thank you!