Purchasing Multi-fam LLC, then Tax Increase

[Tony Hoffer]

Hi there..

Curious if anyone has experience purchasing a property's LLC for the lower tax payment, then a few years later the county reassesses and gives a massive tax increase?

[Joseph Gozlan]

@Account Closed you are absolutely correct. An LLC is not an ultimate protection, it's just another layer. There is no such thing as ultimate protection, we just have to do whatever we can to protect our assets and our selves given that the national sport in the US is suing :-(

@scott smith is a great AP lawyer. He writes a blog on BP and was on the podcast. He can be a good resource for anyone looking to have additional layers of protection.