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Updated over 7 years ago on . Most recent reply

Sonu Sundar's profile image
Sonu Sundar's profile image
Sonu Sundar
  • from Plano, Texas
  • Member since Jul 13, 2017

User Stats

19
Posts
4
Votes
Sonu Sundar's profile image
Sonu Sundar's profile image
Sonu Sundar
  • from Plano, Texas
  • Member since Jul 13, 2017
Sonu Sundar
  • Plano, TX
4
Votes |
19
Posts
General Landlording & Rental Properties

Rental property and LLC

Sonu Sundar
  • Plano, TX
Posted

Hello

I have a house that i want to rent but one twist - it is 2100 sq feet with 500 sq feet as self-contained mother-in-law unit attached to the house for the most part, separated only by  wall that lines up with kitchen and living room of the main house. I  want to occupy the mother-in-law unit and rent the main part of the house.

I would like to have an LLC set up.

is that feasible? just to rent part of the house under LLC.

what is the best way to protect my personal savings from this investment opportunity?

Any input is appreciated. 

Sonu

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