LLC information, setting up an LLC

[John Grinston]

Hi team, I purchased my home in 2018 and it will soon be my first rental property. I would like to manage my property and future investment properties under an LLC. I've looked into different websites such as Zenbusiness but would rather use an attorney. Who do you all use ?

[Sean Constable]

So I agree with 90% of what you said about LLCs.  The one area I take issue with and maybe bc I am in NY and used to work in personal injury litigation is your comment about $300k liability insurance.  One fall with surgery or worse and that amount isn’t enough in NY and I’m sure other areas.  Always have at least a $1 mil umbrella policy on top