Choosing the Right Business Structure for Rental Properties: Pros and Cons of LLCs, Partnerships, and Trusts
When it comes to owning and managing rental properties, investors have a variety of options to choose from. Limited Liability Companies (LLCs), partnerships, and trusts are all popular structures used by property owners, each with its own set of pros and cons. In this article, we'll explore the advantages and disadvantages of each structure to help you determine which one is right for your investment strategy.