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Updated over 8 years ago,
Apartment, setting up company for asset protection
Hello,
I'm looking to build a 12 unit apartment complex in Bay City TX and had a question on setting up a company. I've set up 2 LLCs and have been told one needs to set up an LLC to hold the assets and a different LLC to manage the apartment. For financing purposing would I use the holding or management company to apply for the loan? Any recommendation on how to structure this would be greatly appreciated.