If you own a rental property, what tax advantage is there to forming an LLC?
I keep reading that it gives you "Pass Through Taxation." Does that mean you do not have to pay any taxes on rental income as an LLC? If that's the case it sounds like a no brainer.
Without digging into all the liability/legal protections you get as an LLC.
https://www.reddit.com/r/RealEstate/comments/cm6946/rental_property_individually_owned_vs_llc_why_go
