Starting an LLC with my Cousin
My Cousin and I want to start building are rental property portfolio. I currently have one duplex under me and my cousin wants to join me on this journey. We are wondering if we should be setting up an LLC? We want to buy the properties together. I will be using my equity line to make down payments on properties we find and we both then want to be on the mortgage's. Looking for advice on if we should be setting up an LLC? How exactly to go about it? Referrals for someone to help us out here in central MN.
Thanks
Aaron Harren