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Updated almost 4 years ago, 02/21/2021
Putting properties in an LLC
Hello! I am currently purchasing 3 multi family units and am wondering (hoping) that I can have the properties owned by an LLC. I have been told that the mortgage will need to have a personal guarantee, which is not a problem, but I would like to have the legal protections of an LLC in place. If it is possible, would you recommend each property (they are right next to each other but have different addresses) in its own LLC? Thanks!!