Why Do Thousands of Landlords and Real Estate Investors form LLCs?
A Limited Liability Company (LLC) combines the tax flexibility of a partnership with the personal liability protection of a corporation. LLC formation can help you separate yourself from your business, protecting your personal assets in the event of a judgment against the company.
This business structure has many advantages, including:
• Owners have limited liability from business debts and obligations.
• Protect your personal assets from lawsuits.
• Owners report their share of profit and loss on their individual tax returns without filing a separate corporate tax return.
• Owners do not need to be U.S. citizens or permanent residents.
• LLCs do not need to hold annual meetings or record meeting minutes (though we recommend it).
• LLCs can be owned by individuals or other companies.
• LLCs do not have the same corporate formalities as a corporation.
*You only pay state filing fees and we take care of the processing.
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