Multi family investment structure

[Adrienne Binder]

Is there any need to set up an LLC or any separate entity for passive multi family investments? We set up an LLC last year for a couple of rental homes that we have but are now branching out into some passive syndications in the next couple of months. Would there be any purpose to set up an additional LLC for these investments? Should we do it through the LLC that we already have? Or just leave it in our own names? Pros/cons?