The Advantages of Using LLCs for Rental Properties

According to the Internal Revenue Service, the Limited Liability Company business structure is popular because it is a hybrid of a corporation and a partnership, offering the benefits of both. For a rental property owner, incorporating as an LLC provides many advantages and protections in legal, tax, and management flexibility. An LLC offers owners, also known as members, limited personal liability for the actions and debts of the LLC. Read More

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