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Updated over 3 years ago on . Most recent reply

Account Closed's profile image
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Account Closed
  • Rental Property Investor
  • from Brooklyn
  • Member since Oct 18, 2020
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Brooklyn
  • Member since Oct 18, 2020
Connect
Account Closed
  • Rental Property Investor
  • Brooklyn
9
Votes |
87
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Tax, SDIRAs & Cost Segregation

Real estate llc for property

Account Closed
  • Rental Property Investor
  • Brooklyn
Posted

Does each property a buy have to be in their own llc or can they all be in one llc

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Sean Morrison's profile image
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Sean Morrison
  • Attorney
  • from Slidell, LA
  • Member since Jun 15, 2016
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Sean Morrison's profile image
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Sean Morrison
  • Attorney
  • from Slidell, LA
  • Member since Jun 15, 2016
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Sean Morrison
  • Attorney
  • Slidell, LA
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322
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Sean Morrison
  • Attorney
  • Slidell, LA
Replied

Disclaimer: I am an attorney, but I am not your attorney. This is not legal advice, just friendly information.

One of the great things about LLCs is their flexibility. An LLC can hold many properties, or just one. LLCs act as a silo - limiting liability to those assets within the LLC. Multiple properties within a single LLC will be subject to judgments against that LLC. It's really a question of risk tolerance.

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