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Updated over 5 years ago on . Most recent reply

Coralyn McDonough's profile image
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Coralyn McDonough
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Coralyn McDonough's profile image
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Coralyn McDonough
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Coralyn McDonough
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General Real Estate Investing

Running rental of Condo thru LLC even if Condo not in the LLC

Coralyn McDonough
Posted

We own a condo and are renting it out. We opened an LLC , but can't put it into it because they will call in the loan. My Partner thinks that if we rent thru a company with the LLC name it will cover us Incase someone gets hurt. I say that because we own it, we can still be sued. Who is correct?

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