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On your lease - Do you put yoursef as Landlord or your LLC?
Greetings,
So my simple question is when you sign a lease with a tenant, do you place yourself as the "Landlord" or do you place your LLC as the landlord?
In my previous leases, I have stated my name as the Landlord, and I am realizing it's not too smart, since if (when!) there is a judgement my name would be on record - for a longtime - even though this was a business dealing and not a personal deal.
In my case, I own my properties in my name and self-manage my properties with a Single member LLC., and I am thinking of using the LLC name as the "Landlord". Then, for any judgements the LLC would be named. So, this is not about evading risk but to keep my business and personal dealings separate.
Thoughts?
Much appreciated!
Ron