Legal Question in Real Estate Law in Pennsylvania

Re: using LLC some of the time or all of the time

I think what you are asking is do I have to form a corporation for each piece of property I purchase? The answer to this question is no. Once you form a company that company can be the owner of a variety of properties, not just one.

When you form your company you should make sure you have everything just right though. You might want to have an attorney set you up. Forming a corporation in Pennsylvania with an attorney really isn't that expensive.

If you have another question please do not hesitate to call me or view my website at www.reolaw.com/Business/business.htm

Re: using LLC some of the time or all of the time

You may form one LLC for all of your investments in real property. However, there may be good reasons for forming separate LLCs for each property. You should carefully review the factors with an attorney before taking title to property. You may incur additional costs if you start out doing it one way and then decide that you have to transfer the property into another LLC or other entity.