Once upon a time, real estate investors felt comfortable putting their holdings in limited liability companies (LLC). Tax strategist Diane Kennedy is warning, however, that LLCs may no longer be the way to go when it comes to investment property mortgages underwritten by the two big mortgage buying companies in town: Freddie Mac and Fannie Mae.
It seems that Freddie Mac, probably followed closely by his sister Fannie Mae, has announced a change in the rule...
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