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The Pros & Cons of Using a New LLC for Every...

There are pros and cons for doing this, and in today’s video, I go over them in detail. Download Your FREE Tenant Screening Guide! Hey there! Screening tenants can be a tricky business, and this critical step can be the difference between profits and disaster. To help you with your real estate investing journey, feel free to download BiggerPockets’ complimentary Tenant Screening Guide and get the information you need to find great tenants. Pros of Using a New LLC Every Deal Ownership structure: Perhaps you are working with several different owners on a new deal. Working in a new state: This could be argued either way, but to me, it makes sense to incorporate in the state where your investment property is. This makes sense, as it separates that flip from other properties with respect to taxes and liability. Asset protection: Holding each purchase in its own LLC will compartmentalize each property from the other. Watch the video for a deeper conversation on how valid this is.