Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago,

User Stats

181
Posts
84
Votes
Brandon Elliott-Pandey
  • Realtor
  • Erie
84
Votes |
181
Posts

BEST Assets protection EVER!!!!

Brandon Elliott-Pandey
  • Realtor
  • Erie
Posted

Okay, so I see this a lot in our industry. Investors will buy a property and put it into a LLC or buy it with the LLC outright. My question is whether or not to make a NEW LLC for every investment property you own? 

I know of a investor that has a mix of SFH and commercial property and he's used a different LLC for all of his 45+ properties!!! This seems excessive to me but on the other hand I don't own 45+ properties. When you purchase your investment properties do you make a new LLC each time and if so... Why?
(I understand LLC creation is a deeply personal choice! That said, I am curious to hear all the reasons!) 

Loading replies...