LLC just for protection?
Posted 26 August 2004 - 07:32 PM
Posted 26 August 2004 - 07:40 PM
On the other hand, I donít see a lot more accounting involved by creating an LLC. ReallyÖ. with rental properties under your name you still have to keep track of revenue and expenses.
There are other benefits to creating another entity, such as being relatively easy to take on a partner or get rid of one on the fly.
Is it cheaper? I donít know would have to take a look at the premium.
Posted 06 September 2004 - 11:45 PM
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