Friday, December 26, 2014

Should I buy my first investment property under my LLc, s-corp etc...or my personal name like my primary residence

Question

Should I buy my first investment property under my LLc, s-corp etc...or my personal name like my primary residence



Answer

This is not a question that can be answered on here. Each one of the options you listed come with a host of pros and cons. Without a complete evaluation as to what would be needed to suit your particular circumstances, it is impossible to answer. You should speak to an attorney who specializes in business incorporation.



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