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Updated about 3 years ago on . Most recent reply

Randy Babineau's profile image
Randy Babineau's profile image
Randy Babineau
  • Member since Dec 30, 2021
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Randy Babineau's profile image
Randy Babineau's profile image
Randy Babineau
  • Member since Dec 30, 2021
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Randy Babineau
4
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8
Posts
Tax, SDIRAs & Cost Segregation

Should I create individual LLC for each of my 2 properties?

Randy Babineau
Posted

Hello All, 

I recently purchased a 4 unit property using a conventional mortgage. This is my second multi-family property that I now own as I have a 2 unit property as well. For the 2 unit property, I setup an LLC which has that 2 unit in it. My question is, should I setup a second LLC for the 4 unit property or should I just use the same LLC for both?

Chittenden County, Vermont
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