Va Loan for 2-4 plex AND protecting yourself with a business
Hi everyone. I am totally new to the forum and just starting out learning about rental properties in general. I am also an Iraq war vet. My question is about how to protect your personal finances from tenants in the event that something happens while they are renting from you. One piece of advice I have come across a few times as I have been learning about rental properties is to not own the property personally, but rather create a business, LLC or similar, to own the property to protect your personal assets in the event you get sued for something. I was wondering how this would work if you are using a VA Home Loan to purchase a "multiplex". Can you start a business that essentially owns the other units of the property (the ones you are not living in) in order to protect yourself?