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September 11, 2019
Question

Should I form an LLC for my first investment property purchased in Texas, or leave the property under my name?

  • September 11, 2019
  • 1 reply
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1 reply

Employee
September 11, 2019

You should actually seek an in-person consultation with a legal/tax professional prior to making any decisions.

 

With respect to your specific question, read through the following thread.

 

https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-are-their-tax-benefits-to-putting-rental-properties-into-llc/01/850784#M36202