Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
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

Updated over 5 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Adwaita Ray
1
Votes |
3
Posts

Property LLC or Tenancy in Common or Both ?

Adwaita Ray
Posted

I'm going for my first investment in SFR with a few friends. I was wondering which would be better - to create a Property LLC or have Tenancy in Common agreements ?

Can I buy a property , and then create an LLC and then sell the ownership share to my friends through TIC ? Can they be done together LLC as well as TICs ?

How does the liabilities work if it’s together ?

Loading replies...