When do you form a corporation?

[Jennifer Hillberg]

Hello, I'd be interested in any advice/opinions people have on forming a corporation (LLC or S) to protect assets.

I have 3 rental houses that I've aquired over the last couple of years. I plan to jump into real estate investing full time later this year.

Right now these homes are all under my name (and my husband's). I have insurance on all of them of course -- but I'm wondering if I should be looking into putting them under a corporation - so that if I got sued or something not all of my assets would be vulnerable.

I'm not sure ... just asking -- please tell me your opnions!!

Thank you

jennifer