To LLC or Not LLC, Buy and Hold Advantages
I am a new investor who is purchasing a quadplex as an investment. Since I am probably not going to be living in the new home, should I bother creating an LLC and purchase the home through there or should I purchase the home personally.
Most Popular Reply
If you don't have a reason to form the LLC don't do it. It adds time, cost and complexity that you probably don't need starting out. Insurance and a large LTV is probably good enough asset protection for starting out.
As you buy more you don’t want to own anything but you will want control everything. LLCs and trusts can help then.