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Updated almost 10 years ago on . Most recent reply

Joel Burt's profile image
Joel Burt's profile image
Joel Burt
  • from West Chester, Pennsylvania
  • Member since Jun 19, 2015
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Joel Burt's profile image
Joel Burt's profile image
Joel Burt
  • from West Chester, Pennsylvania
  • Member since Jun 19, 2015
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Joel Burt
  • West Chester, PA
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Starting Out

Is an LLC more trouble than its worth?

Joel Burt
  • West Chester, PA
Posted

  I am just starting out in real estate and about to buy my first rental property.

Should I open an LLC for my first property? I'm in Pennsylvania and the fee is only $250. I understand that there are liability and tax benefits offered by an LLC, is the trouble of opening and managing an LLC worth it for someone just starting out?

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