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Updated about 7 years ago,

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2
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0
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Kyle Reynolds
  • Vestal, NY
0
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2
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Should I start a LLC for my rentals?

Kyle Reynolds
  • Vestal, NY
Posted

So i currently have 3 rental properties in my name only. I am ion the process of acquiring 3 more.I also plan on expanding as often as the opportunities come about. I am considering starting an LLC for the rental properties I have. My question is should I do a LLC for each one, would i need a separate bank account for each LLC/property, or should I have multiple LLCs own 2 or 3 properties each. I have also considered starting a LLC in the near future that would act as the property management company. Looking for thoughts and ideas that have worked for others in the past.

Thank You

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