Developing your LLC for rental properties

[Clayton Ballard]

I'm hoping to close a deal on two rental properties before the years end in baltimore md. What's the best way to setup a LLC when you have more than one property? My plan is to buy 1-2 properties every 6mos. Do I do an LLC for each property or have one holding LLC? Thanks in advance CB

[Shawn Thom]

Just remember, more LLCs=more paperwork & tax prep. I personally don't see much value in doing 1 property per LLC. I'd talk to an attorney before you get too far into it.