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Updated about 3 years ago on . Most recent reply

User Stats

24
Posts
9
Votes
Michael Lewicki
  • Specialist
  • New York, NY
9
Votes |
24
Posts

Extra layer of insurance

Michael Lewicki
  • Specialist
  • New York, NY
Posted

Since I have a few properties and in closing on another this week, is it smarter to put the properties in separate LLCs or create a trust for each property. I spoke with a professional and was told it will be hard to put the property in a trust since there’s a loan on it. What is everyone’s experience in these situations?

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