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		Mortgage Forums for Mortgage Brokers > Mortgage Business > Loan Scenarios and General Mortgage Talk
What are the advantages or buying a home under an LLC

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12-13-2006, 01:14 PM

Mortgageman123 Mortgageman123 is offline

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What are the advantages or buying a home under an LLC

Any suggestions

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12-15-2006, 10:22 PM

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You protect your personal assets. LLC should be tied to a Land Trust that names you. Takes the risk off you and makes your legally untraceable or harder to track down for a suit against you in a claim. One slip and you could be sued if you are the owner. You would not want them touching you or your personal assets.

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