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Updated about 4 years ago,

User Stats

21
Posts
19
Votes
Max Bradshaw
  • Real Estate Agent
  • Utah
19
Votes |
21
Posts

Do I need multiple LLCs?

Max Bradshaw
  • Real Estate Agent
  • Utah
Posted

I have an LLC registered in Utah, and the title to my two rentals (in Utah) are in my LLCs name. I am acquiring another rental in North Carolina and would like to move the Deed and tile of that property to my LLC. Should I create a new LLC in North Carolina, or can I retain my LLC in Utah and consolidate all of my properties in one place?

What are the pros and cons of both? 

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