Investment property in LLC

[Jennifer Van vlymen]

We have a four complex investment and Have been told it's best to put it into an LLC but in California it's taxes/cost are

Outrageous

our main focus for that was to protect it from lawsuits ...are there any other ways to do so that it’s protected As a single situation in other words if we do get sued they can’t go after anything else that we own in California

[Darius Ogloza]

Your landlord insurance policy's limits can be supplemented by an umbrella policy with additional coverage.   We all have different risk tolerances, but my wife and I hold our properties in our own names and sleep well at night trusting that our insurance coverage offers sufficient protection against potential liabilities.