Do I need a LLC for real estate investing

[Arun V.]

I am about to close my first rental property. When does it make sense to invest through an LLC vs. Individually.

Are the tax benefits same for rental properties held individually vs. in an LLC.

Is umbrella insurance recommended for individually held rental properties.Does the umbrella insurance give the same liability protection that LLC's have.

[Jeff Rabinowitz]

Welcome to BP, @Arun V.. Your questions have been asked and answered hundreds of times on these forums and in blogs. For some of them there are strong arguments both pro and con and divergent opinions. This site can easily be searched. Look for the magnifying glass in the toolbar, at the upper right side, to the left of your photo. Enter a topic and dive in.