An LLC is better for liability reasons in that, under an LLC, you have limited liability up to your investment. Also, if you have a single member LLC, it is considered a disregarded entity and the income would flow through to you and appear on your personal tax return. From a pure liability perspective, I recommend an LLC. You should contact a CPA though to determine what would be best for your own personal tax situation. It may be that a 2 person LLC works best for tax purposes. Best of luck and happy investing! - Reese Serra
This advise is only being offered as a courtesy. We do not have an attorney-client relationship and I do not represent you.