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18
Posts
8
Votes
Kyle Weinapple
  • Lender
  • Baltimore, MD
8
Votes |
18
Posts

LLC or not? If so, which LLC option is best?

Kyle Weinapple
  • Lender
  • Baltimore, MD
Posted

Hi BP,

I own 2 rental properties in Baltimore MD and i am first having trouble deciding on whether to place them in an LLC or not (I plan to slowly scale and house hack a new property once a year). If so, I am having trouble deciding on whether to create an LLC in Maryland (where the properties are) or Wyoming (cause of the know benefits). The last note was that i learned what a series liability is and was curious if i may be better off doing one of those because i have 2 properties and plan to slowly add more (Maryland does not offer series llc but wyoming does). Any information or suggestions help. thank you!

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