Start a new topic
Discussions ezLandlord Questions and Answers General Property Management

New Landlord in PA

I own a condo in the Philadelphia area and plan to rent it in the near future.  Is it best to do this as a Sole Proprietor using my SS# or do most people rent under a business entity?  I guess I want to start out on the right foot.  Any input is appreciated.
1 Comment
There are several schools of thought here. I owned a commercial property and formed a Corp for it as it limits liability. I am not sure how beneficial that would be with a single residential property. But if you are planning on creating a larger portfolio, it may be wise to go in that direction. Love to hear other comments on this question. It is a really good one!
Login to post a comment
More topics in General Property Management
  • Covid-19
  • Renter paid Initial lease payment but never ez signed
  • How to Utilize The PayStub?
  • SHOULD BOTH NAMES BE ON LSE IF TENANT AND GIRLFRIEND BOTH LIVE THERE
  • PA Landlords
  • transfering leases on a sale.
  • Credit Checks
  • Upset tenents.
  • Month to month rent increase
  • Apartment Hotel question
    ezLandlord, Inc. 22228 St. Barts Lane Estero, FL 33928
    BECOME A MEMBER - TENANT SCREENING - FORMS - PRICING - RESOURCES