Legal Question in Real Estate Law in District of Columbia
Limited liability company
What is more beneficial for tax purposes and liability to own 3 rental properties under your name or under a llc.
Asked on 9/05/07, 9:37 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: Limited liability company
If it's only a single member LLC, there likely is little if any significant difference as far as taxes
are concerned.
Answered on 9/05/07, 10:37 pm