How many properties in one LLC?

[Bill H]

I have been aging an LLC for a few years. I want to start buying property. how many properties can I safely have under the LLC and seperate myself from liability? Should I have the LLC as the holding company of several other property LLCs? What has been working for some of you?

[Denise NA]

LLC for each property is just too much trouble to manage. Try 'equity split' to protect your assets. This is a method to group all or number of properties in #1 LLC, then create #2 LLC that holds the note for all the equity in #1 LLC.

So, if anything goes wrong with #1 LLC (manages all RE activities,) then it'll show no equity/asset in it. Because #2 LLC holds a note against it.

For detail, do some search on line.

Good luck,

Denise