Do I need an LLC when starting up a small real estate business as a second source of income
hi guys, quick question for anyone that can help me out. I'm currently beginning to dabble with the idea of buying and selling vacant land. As I already work this will start as more or less a hobby as I learn the ropes until I get to the point that I can make it a lucrative second source of income. For the time being should I be concerned with starting some sort of LLC. Obviously not at the point where this is any type of business yet but I want to be sure that my personal assets are protected. (I should add the current plots i Will be dealing with are only around 3-5k as I get started. Thanks for any info anyone has!