Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago,
A few questions about LLC's
Hello All,
I am still trying to learn the ropes, just have a few questions i wanted to ask to get some education on...
I currently have a few rentals, they were previously primary residences that i turned into rentals as i moved among the USA in the military... they are all in my personal name and recently ive learned that im putting myself in a lot of risk having them this way...
My question is do i have to get an LLC in all the states they are located and place them in said LLC of that state or can i just get an LLC in x state and put all of them in that LLC?
Example: 1 property in Florida, 1 property in Colorado, 1 property in Arizona...
Do i have to get 3 LLC's, 1 LLC for each state the property in or....
Can i just get like 1 LLC in Colorado, then put all 3 in that LLC?