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Updated over 1 year ago on . Most recent reply

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12
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3
Votes
James Landsford
3
Votes |
12
Posts

Liability with multiple rentals and using multiple LLCS - does it make sense (LEGAL)

James Landsford
Posted

I have a few rentals on the lower end of the spectrum that to me, have more of a liability issue. Right now, they are under my main LLC with a lot of my more high end property. Would it be worth it to create a new LLC and quitclaim the Lee lower end properties to it? Or would that be a futile task? On paper it makes sense but I would be curious if anyone with more experience on this subject matter has an opinion.

thanks!!!!

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