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Updated over 10 years ago on . Most recent reply presented by

Manshi M.'s profile image
Manshi M.'s profile image
Manshi M.
  • Real Estate Investor
  • from Jersey City, New Jersey
  • Member since May 28, 2013
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Manshi M.'s profile image
Manshi M.'s profile image
Manshi M.
  • Real Estate Investor
  • from Jersey City, New Jersey
  • Member since May 28, 2013
Connect
Manshi M.
  • Real Estate Investor
  • Jersey City, NJ
1
Votes |
30
Posts
Tax, SDIRAs & Cost Segregation

To open a LLC or not?

Manshi M.
  • Real Estate Investor
  • Jersey City, NJ
Posted

My husband and I own two properties and are in the process of buying another one right now. All the properties are in Jersey City, New Jersey and bought on mortgage. I have heard that a lot of people go LLC way. Can someone please guide me what the benefits are? Is it worth incorporating LLC? We have liability insurance of $1M per property right now.

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