There are pros and cons for doing this, and in today’s video, I go over them in detail.
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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.