Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

26
Posts
3
Votes
Eric Grant
  • Biddeford, ME
3
Votes |
26
Posts

Another LLC question, regarding equipment/material purchases

Eric Grant
  • Biddeford, ME
Posted

I see a lot of posts with questions about whether or not to obtain an LLC or S-corp before purchasing a first rental but I've not found the answer that I'm specifically looking for.

I'm looking to purchase our first multi-unit and I'm going to need some things to make life easier as a landlord, such as a pick up and some tools and materials. Does a person typically need an LLC/S-corp or something to that affect to be able to claim items such as these as business expenses? I'm trying to determine in which order I should go about our first purchase and acquiring necessary supplies. Thanks in advance!

Loading replies...