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Updated almost 16 years ago,
LLC question for long term r.e. investing..
Quick questions-hopefully someone can answer.
I would like to set-up an LLC for my real estate investing business (rentals;buy-and-hold), but then reading through the posts, a few of you have said that properties should be separated into different LLC's.
Should I set-up my inital LLC as a r.e. holding company, mainly for marketing purposes, business cards and my website, etc., then when purchasing my properties create a new LLC (not related to my initial LLC, as would be the case for a Series LLC) just for holding that property in? Any suggestions or advice would be appreciated.
I would think that you would need a business name to be the face of your overall r.e. investing business.