Investors take note: one of the main differences between real estate and other types of investments like stocks or bonds is that real estate can carry risks that exceed the investment in the asset. What if you’re sued by someone who is on the property after you purchase it? By purchasing the property in the name of an LLC, you can limit your damages and protect your personal assets against losses.
Read the article below to learn more:
http://realtormag.realtor.org/law-and-ethics/law/article/2018/01/turning-buyers-llc