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Updated 10 months ago, 03/28/2024

User Stats

20
Posts
13
Votes
Joseph Kirk
Pro Member
13
Votes |
20
Posts

LLC For each Rental?

Joseph Kirk
Pro Member
Posted

I just purchased my 3rd rental property. I now own 2 row homes (paid in cash) and own 1 duplex with a mortgage. They’re all fully rented out. I have them all in my personal name. 

1. Should I create an LLC for each?

2. If so, I hear opening the LLC in Wyoming is the best?

3. If opened in Wyoming while i live in NJ, who would you "appoint as a registered agent" for the LLC?

  • Joseph Kirk