Should real estate investors incorporate?

The main reason to set up an entity like a corporation is to protect your personal assets against a lawsuit — say, if someone gets injured on your property.

Instead of incorporating, though, Richmond real estate attorney Katja Hill suggests you set up a limited liability company, or several LLCs, to hold your properties.

LLCs are easier to maintain, she says, than the “S corp” corporate structure that’s also used by small businesses.

See more at: http://money.cnn.com/2013/10/18/pf/expert/real-estate-investing.moneymag/index.html

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