All Forum Posts by: Bruce Brazeal

Hi Filipe,

i really appreciate your input. I asked my accountant and a real estate agent buddy of mine and the first thing they both said was get an llc. Since ive been listening to lota of pod casts  and webinars on BP it hust didnt feel right this early in the game. I am in the education mode now and have a goal of a duplex end of the this year or at the very latest with the first quarter of 2021. With all that is going on it looks like more towards 2021. I know i want to buy and hold and definitely looking to  use a property manager. Hopefully i will have more questions for you in the future . Glad to know your right in my backyard:)

Hi Mason,

No I  wasnt gonna live in the property. Just would be my first rental. My wife and I have a house for the past 22 years. Our house is in her name so technically i am a first time buyer. I am in Manchester Ct buy the way 

Hi Adam thank you for your response I agree. Just have to find and manage protection via insurance umbrella of some sort. I definitely think an entity will hurt me in the beginning.

I am 49 my goal is to get my first duplex or triplex My accountant and realtor said to get an llc but those in BP says i dont need one at first. Buy and hold is goal. Do I need and LLC i am fearful because I am new that it would be difficult to find a lender. Please help to clarify the best approach and how to protect myself without an LLC entity.