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Updated over 3 years ago on . Most recent reply

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LLC Asset Protection Question

Posted

Does it make sense for an LLC that is renting property in a state to also hold the property? Would the property be any more protected if there were an in-state rental or property management LLC while the property is held by an out of state LLC? Would there be implications for liability and dwelling insurance? It seems like this would provide a layer of protection against tenant law suits.

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