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Updated about 3 years ago on . Most recent reply
Created an LLC. Looking for some advice on switching rentals over
So I got my LLC all set up and ready to go. Should I switch the two rental's I currently own over to it. Or one rental per one LLC? Any advice will help this is my first LLC.
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Greg Scott
#3 General Real Estate Investing Contributor
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Greg Scott
#3 General Real Estate Investing Contributor
Pro Member
#3 General Real Estate Investing Contributor
- Rental Property Investor
- SE Michigan
What made you decide you needed an LLC? For most new investors,with few assets, good insurance is probably the better investment of time and money.
Sounds like you created an LLC without the help of a an attorney, one that understands your situation. This would be the perfect question for them.