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Updated almost 7 years ago,

Josh Sohar's profile image
Josh Sohar's profile image
Josh Sohar
  • Involved In Real Estate
  • from Greenwood, Indiana
  • Member since May 27, 2014
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User Stats

63
Posts
26
Votes
Josh Sohar's profile image
Josh Sohar's profile image
Josh Sohar
  • Involved In Real Estate
  • from Greenwood, Indiana
  • Member since May 27, 2014
Connect
Josh Sohar
  • Involved In Real Estate
  • Greenwood, IN
26
Votes |
63
Posts
General Landlording & Rental Properties

Separate LLC for each property?

Josh Sohar
  • Involved In Real Estate
  • Greenwood, IN
Posted
Hello! New to investing so bear with the questions. I have heard of some investors creating separate LLC’s for each rental property they acquire. Is this to help in the accounting etc or is it a means of liability protection? Ex. Tenant in property A sues you and your LLC, if they are separate then property B, C, D, etc then they are not potentially affected? Make sense? Thanks in advance! Josh
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