Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 15 years ago,
LLC for Primary Residence
Hi,
I am buying a 3 family home to live in one unit and rent the other two. It will be our primary residence and we got an FHA loan. My husband has other assets, including a home that he has part ownership in with a family member. Does anyone know if it would be possible to put the primary residence into an LLC after we close to protect the other assets, or will an umbrella policy be enough?
thanks,
doreen