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Updated almost 5 years ago on . Most recent reply

Pedro Bartolomei's profile image
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Pedro Bartolomei
  • Rental Property Investor
  • from Deer Park, NY
  • Member since Jan 21, 2020
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Pedro Bartolomei's profile image
Pedro Bartolomei's profile image
Pedro Bartolomei
  • Rental Property Investor
  • from Deer Park, NY
  • Member since Jan 21, 2020
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Pedro Bartolomei
  • Rental Property Investor
  • Deer Park, NY
15
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64
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Goals, Business Plans & Entities

Separate llc for each investment property?

Pedro Bartolomei
  • Rental Property Investor
  • Deer Park, NY
Posted

Hello BP. Is it a good practice to place each investment property under a separate llc? I think its a good idea for fix and flips but i dont know how its useful in buy and holds . Any advice is greatly appreciated

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Tanvir Sattar's profile image
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Tanvir Sattar
  • Rental Property Investor
  • from Cincinnati, Ohio
  • Member since Apr 15, 2020
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Tanvir Sattar's profile image
Tanvir Sattar
  • Rental Property Investor
  • from Cincinnati, Ohio
  • Member since Apr 15, 2020
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Tanvir Sattar
  • Rental Property Investor
  • Cincinnati, OH
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Tanvir Sattar
  • Rental Property Investor
  • Cincinnati, OH
Replied

@Pedro Bartolomei I've always been advised 7 properties per LLC by my accounting and legal team. With that being said I like to keep it in the 5 to 7 range.

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