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Updated over 4 years ago on . Most recent reply

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Rabi Ruddy
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6
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Protecting Rental Properties

Rabi Ruddy
Posted

I have 2 rental properties from 2 different states and i am from a different state. I want to know how to protect them? Do I need to open any company/LLC, what are the possible options?

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589
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Zachary Ray
  • Investor
  • Tampa, FL
251
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589
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Zachary Ray
  • Investor
  • Tampa, FL
Replied

Landlord insurance and umbrella will help you as you start to scale. LLC's can be helpful but can still be pierced and not always be the best suitable way to go. At the end of the day insurance will be your fall back. Contact a local attorney and discuss your options.

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