New Investor: To have and LLC or not
Hi Everyone,
I have asked a couple of people about this and have got mixed opinions about it so I figured I would throw it out there to you guys.
I am a new investor and am looking to flip houses for now then eventually turn to buy and holds in the future. The question I have for everyone is should I get an LLC at this point? I am a young guy and really don't have any assets. Some people say I should get one to protect my personal assets, some say I should not get one for tax reasons. I know down the road when I get into buy and holds I should defiantly have one. But should I get one now. I want to hear what everything thinks. Thanks Everyone.
-AJ