General Landlording & Rental Properties
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 over 8 years ago,
Creating an LLC
Happy Memorial Day Weekend!!!
I own two investment properties and I don't have an LLC started yet. I plan on creating one but I had a conversation with my sister (she is a commercial litigation lawyer) and she said I should not create just one LLC for all my investment properties. She stated that each property I own should have its own LLC and all of those properties should be covered under one "central" LLC. I wanted to know if having one LLC to cover all my properties is sufficient or should I create a new LLC for every property I own. Thanks!