Indiana LLC for Property Management
Hi, I am working on my first property and have a conventional loan, which means my current LLC cannot "own" the asset, which I'm assuming eliminates protection the LLC would provide.
I've seen other threads from years ago, from other states, so I'm hoping someone can provide any guidance on whether it's worth it to continue using the LLC or dump it and keep it all "personal". I'm also gathering that there aren't really any tax benefits with me using the LLC vs. personal financial reporting either.
Is my only benefit to the LLC the ability to make polo shirts with cool logos?? =)
Thank you!