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Updated over 1 year ago,

Michael K.'s profile image
Michael K.'s profile image
Michael K.
  • Property Manager
  • from New York, NY
  • Member since May 9, 2010
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User Stats

27
Posts
4
Votes
Michael K.'s profile image
Michael K.'s profile image
Michael K.
  • Property Manager
  • from New York, NY
  • Member since May 9, 2010
Connect
Michael K.
  • Property Manager
  • New York, NY
4
Votes |
27
Posts
General Landlording & Rental Properties

Holding rental property in personal name

Michael K.
  • Property Manager
  • New York, NY
Posted

Is it ok/advisable to own a rental property in personal name? I have other rental properties but they are in LLCs. But the only asset listed in my personal name would be one single family house. Would that then be ok as long as my insurance and umbrella policy reflect that a tenant is living in that single family house? Thoughts? Thank you 

Long Island, New York
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