Updated over 8 years ago on . Most recent reply
LImited liability company vs owner name
My agent is suggesting to establish a LLC as I am growing my portfolio to have more rental properties, I want to hear your opinion, what are the pros and cons of LLC?
Do you transfer houses ownership to the LLC? Can you get Mortgage under the LLC umbrella? And how exactly does it protect your assets?
Most Popular Reply
Put each property into its own Land Trust with the LLC as the beneficiary. You can also use another LLC or S corp to do equity stripping and property management. Do research onthese terms.
Stay Blessed!