LLC
There are several vehicles you can use to start a business. One way is to is to set up a limited partnership, corporation or limited liability company. For real estate purposes, most people agree that a limited liability companies gives its organizers the most flexibility in terms of structure and for income tax purposes. An LLC shields its members from claims from creditors and litigation matters. The LLC also permits the tax benefits of the LLC to flow directly to its members. Learn more on this page about when you should set up an LLC and what is involved.
Featured LLC Article
LLC vs Corporation: Can You Do Without Either
Added October 15, 2009 by Ilyce R. Glink
LLC vs Corporation: Can You Do Without Either
When it comes to choosing how to hold your real estate investments, you can choose from many options. The most popular options are using an LLC to own real estate or a corporation. Some decide that they would prefer to hold title to their real estate investments in their own name. Is it wise to own investment real estate properties in your own name?
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