Should I start an LLC, a Trust...for my rentals?

3 Replies

I am meeting with my property manager today to get my first rental on the market! I have heard lots of varying opinions about whether I should create a business like an LLC or some say I should have the house in a trust. I do plan on buyIng more rentals in the next year. What is your advice?

Regardless of your current networth, owning a rental in an LLC should definitely be something that you do. Look up Mark Kohler on Youtube and do a search through his videos for this topic.

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