Why you might want to buy your next place under an LLC—even if you’re not famous

By Adam H. Stone

Even if you’re not a celebrity, there are a few great reasons to consider buying or refinancing your apartment under the name of an LLC (limited liability company) rather than your own.  There are also a few drawbacks.

Here’s what you need to know going in:

Privacy at home—and at work

It’s very difficult for the innocently or not-so-innocently curious to unearth the amount you paid for your apartment unless they have the name of your LLC or your exact address, which is one reason why celebrities and other well-known folks have been purchasing under LLCs for years….

To Read More: http://www.brickunderground.com/blog/2013/04/buying_under_an_LLC

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