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Updated 10 months ago,
First time investor. Best LLC structure for multiple properties
Hi,
I am a new investor and just closed on my first rental property. Its in NC. Its under $250K.
Its currently titled as "Joint Tenants by Entirety" with spouse
I have been researching best way of LLC structures for multiple rental properties (plan to get more in future).
I saw a BP post which recommended a simplistic approach of one LLC for operations and one Series LLC for asset holding, however it seems NC doesnt allow Series LLC
What are my options and what are pros/cons?
Thanks so much!