For individuals who own real estate, it is important to consider the best way to structure your ownership. When you are just starting out as an investor in real estate, you may hold title to the real estate personally, but that may not be the most advantageous method of ownership. Another option is to create a limited liability company (LLC) for your real estate ventures. An LLC is a type of legal business structure organized under your state’s law.
There are many important considerations to keep in mind as you decide whether to form an LLC to hold your real estate. Here are a few things to think about to help you make the best decision for your unique circumstances...
The LLC provides a host of options for individuals interested in maximizing their protection against personal liability and determining effective tax, ownership, and management plans.
Bailey & Peterson, PC Can Help
If you are interested in exploring the use of an LLC for your real estate, Bailey & Peterson can help. Our team of talented attorneys are ready to help you assess the best way to create an LLC and structure it in a way that provides the most protection for you and your assets. Call our office at (303) 837-1660 or visit our website at www.b-p-law.com to schedule your free initial consultation with one of our attorneys today.
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