Should I form an LLC for my soon to be first investment property? and Morocco signs the OECD Investment Declaration

Should I form an LLC for my soon to be first investment property?

I have a home that is going to be converted from my primary residence to an investment property that I will rent out. I would like to know if putting this home in an LLC is the best course of action to limit my liablity. Also I will be residing in a state other than the one the soon to be investment proerty is located. Should I form the LLC in the state the property is in or the state I will be residing in? Only helpful answers please.


Investment best answer:

Answer by Bob D
Form the LLC. It helps protect your investment and your home prpperty from legal issues invovling the other. Unless you like the idea of some moron with a good lawyer taking your residence away..a bit blunt but simple

Investment

Morocco signs the OECD Investment Declaration


Image by Organisation for Economic Co-operation and Develop
23/11/2009 - HE Nizar BARAKA, Morocco, chair of the MENA-OECD Investment Programme, Minister delegate to the Prime Minister in charge of Economic & General Affairs, signs the OECD Investment Declaration at the MENA-OECD Ministerial Conference in Marrakech, Morocco.

SE Nizar BARAKA, Maroc, Président du programme d'Investissement MENA-OCDE , Ministre chargé des affaires économiques et générales auprès du Premier Ministre, signant la Déclaration de l''OCDE sur l'Investissement à la Conférence Ministérielle de MENA-OCDE de Marrakech, Maroc.


For more information about the conference, visit: www.oecd.org/mena/ministerial2009

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