Starting A Real Estate Investment LLC
Why have an LLC?
There are mainly two reasons why you want any kind of business structure:
Pay less tax, and protect your assets. LLCs can be especially helpful if there are multiple owners of a property. When you create an LLC, you’ll create an operating agreement that outlines the rights and responsibilities of each member of the LLC.
This can help you seamlessly manage your rental property business and also protect each member of the LLC in case of legal trouble.
Before you jump into creating your LLCs for your real estate holdings, there are a few things to consider. Do NOT make these three mistakes while creating an LLC for your real estate investment company.
Read the rest of 3 Business Structure Mistakes Real Estate Investors Make »
For more articles like this, please visit our Real Estate Investing Blog.
© 2018 by Marco Santarelli and Norada Real Estate Investments. Your Premier Source for Turnkey Cash-Flow Investment Property.
The post 3 Business Structure Mistakes Real Estate Investors Make appeared first on Real Estate Investing Blog.
No comments:
Post a Comment