What are the pros/cons of buying rental property through a LLC instead of your own name?
Filed under: Buying Rental Properties Questions
Like this post? Subscribe to my RSS feed and get loads more!
Categories
- "How to fix Bad credit so I can buy a house"
- Buying Rental Properties Questions
- Fannie mae Questions
- First time home buyers
- Fixer uppers Questions
- Freddie Mac Questions
- Ginnie mae Questions
- Home maintenance
- Home Tax Credits programs
- How to become a Landlord
- How to keep my home safe
- Idaho Homes For Sale Questions
- property investment Questions
- RECENTLY SOLD PROPERTIES
Real estate investing Categories
- "How to fix Bad credit so I can buy a house"
- Buying Rental Properties Questions
- Fannie mae Questions
- First time home buyers
- Fixer uppers Questions
- Freddie Mac Questions
- Ginnie mae Questions
- Home maintenance
- Home Tax Credits programs
- How to become a Landlord
- How to keep my home safe
- Idaho Homes For Sale Questions
- property investment Questions
- RECENTLY SOLD PROPERTIES
Recent Real estate Questions
- Are Freddie Mac and Fannie Mae essentially welfare mortgage programs?
- Will Obama get in trouble about his role in Fannie Mae scam?
- How do I rescue a stray cat?
- Is the rents on rental-properties high enough to pay for the costs of buying those rental properties?
- are freddie mac and fannie mae going to be a good long term investment choice?
- How do I preserve a signature on my phone case?
- I want him out… ASAP. I rented a room to a strange character to say the least?
- How can the chair of the Banking Committee accept more $$ from Fannie Mae/Freddie Mac than anyone in Congress?
- How do I keep my future car SAFE FROM OLDER BROTHER!!!!!!!!?
- How did Democrats support of Fannie Mae corruption cause the current economic crisis we're experiencing?
- what are the fannie mae and freddie mac mortgage home rates at this time Fixed?
- How to prank my neighbors house?
- Good time to invest in Fannie Mae and Freddie Mac?
- I'd like to purchase an investment property with rental units and one unit to serve as my residence, Any tips
- How much money did Rahm Emanuel make at Fannie Mae when they were pressuring banks to give bad home loans?
Opinions
- Scratchy on Are Freddie Mac and Fannie Mae essentially welfare mortgage programs?
- bfarl33 on Are Freddie Mac and Fannie Mae essentially welfare mortgage programs?
- *****STAR****** on Are Freddie Mac and Fannie Mae essentially welfare mortgage programs?
- qncyguy21 on Are Freddie Mac and Fannie Mae essentially welfare mortgage programs?
- <> on Are Freddie Mac and Fannie Mae essentially welfare mortgage programs?
- dinodino on Are Freddie Mac and Fannie Mae essentially welfare mortgage programs?
- patchouli4279 on Are Freddie Mac and Fannie Mae essentially welfare mortgage programs?
- squirrely on Are Freddie Mac and Fannie Mae essentially welfare mortgage programs?
- vote for cindy shehan on Are Freddie Mac and Fannie Mae essentially welfare mortgage programs?
- Left Media Eats Brains on Are Freddie Mac and Fannie Mae essentially welfare mortgage programs?
- Nicolas on Will Obama get in trouble about his role in Fannie Mae scam?
- karen w on Will Obama get in trouble about his role in Fannie Mae scam?
- Lettie D on Will Obama get in trouble about his role in Fannie Mae scam?
- Thomas B on Will Obama get in trouble about his role in Fannie Mae scam?
- Beverly S on Will Obama get in trouble about his role in Fannie Mae scam?
Tags
aig
amp
apartment
bad credit
bailout
banks
barney frank
buying a home
buying a house
cats
congress
credit cards
credit report
credit score
dad
democrats
economy
fannie mae
fannie mae and freddie mac
first time home
first time home buyer
First time home buyers
foreclosure
Freddie Mac Questions
insurance
investment property
job
landlord
loans
mom
money
mortgage
mortgages
obama
parents
quot
Real Estate
realtor
rental properties
rental property
stock
tax credit
time home buyer
time home buyers
yahoo
Idaho Homes Resources
- Bad credit government home loan
- Bankrate
- Common Questions from First-time Homebuyers
- Fannie Mae's
- First-Time Home Buyer Tax Credit
- FLASH: Federal Alliance for Safe Home
- Freddie Mac
- Government National Mortgage Association – Ginnie Mae
- GovLoans
- Homes and Communities
- HUD
- Realtor.Com
- Tax Credit Loan Programs
- U.S Green Building Councel
- U.S:Federal Direct Loans
- U.S:Loan Guaranty Web Site
If you buy property for using as a rental thought a LLC if anything would happen and somebody would sue they Can not go after you or anything that you own like your house. they could only sue the LLC. It just helps to cover your own personal belongings.
There are none an LLC will put all income and taxes on your personal income taxes and so will not make a difference in any way if its in your name or the companies.