“An LLC partnership treats the property like a company — because legally, it is.” When a home is owned by an LLC, the ownership rules and responsibilities change. On this reel, we break down: • You won’t use a traditional personal mortgage when buying through an LLC • Ownership is held by the company, not individuals • Each owner receives their own K-1 tax form for reporting • More admin responsibility comes with owning as a collective entity • LLC structures make the most sense for real estate
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“An LLC partnership treats the property like a company — because legally, it is.” When a home is owned by an LLC, the ownership rules and responsibilities change. On this reel, we
Tomi. Tomi · Original audio. “An LLC partnership treats the property like a company — because legally, it is.” When a home is owned by an LLC, the ownership rules and responsibilities change. On this reel, we break down: • You won’t use a traditional personal mortgage when buying through an LLC • Ownership is held by the company ...
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