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Updated about 5 years ago,
To LLC or not LLC for multiple longterm rentals
Hi all,
My husband/business partner and I own 3 rental properties in NC. We're getting ready to invest in another property and wanted to know if we should consider setting up an LLC now. Some places have said to set up an LLC per property, I'm kind of inclined to do 1 LLC for all our rentals. What are your pros and cons and suggestions?