Do you setup an LLC for each property?

[George Rodriguez]

Hello. If I want to get into real estate investing particularly owning single family homes and renting them. Do you recommend that I set up an LLC for each property or one LLC for all of them?

[Brian G.]

@George Rodriguez usually ppl who use an LLC will utilize multiple LLCs for asset protection, perhaps 5-10 properties in each LLC, something like that. Too many LLCs can be costly and a challenge to manage as each LLC must have it's own dedicated bank accounts. The exception generally is that larger properties (ie apartments) are usually the only property in a given LLC.