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Updated over 9 years ago,
What's the deal with CPAs advising against LLCs?
I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.
Am I missing something because this seems crazy to me?
I could understand CPAs advising against an LLC for each property because they don't want to file all the deferent schedules ( I don't agree with that but I understand it). At the very least I would think you would want at least one LLC to protect your personal assets.