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Updated about 6 years ago on . Most recent reply
LLC for rental property - multiple location
Hello BP family, question for you.
So I am about to make offer on my first MF units in state of Illinois ( I am in CA)
I was told that I should open LLC and have property under for tax and liability purpose.
So my question is that , if in the next year if I purchase another one , can I and should I keep under the same LLc ? And for the current one that I am working on , can I purchase it under Perosnal first and transfer to llc after ?
Thank you guys !!
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