Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago,
To open a LLC or not?
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.