Looking for Insight on Liability & LLCs for VA Loan Investment Property

[Kyle Lipko]

Hey everyone, I’m looking for opinions on the best way to structure ownership for a property I’ll be using as an investment. This will be my first time owning a property that I plan to rent out, so I want to make sure I’m covering all my bases.

I currently have a VA loan, and while I know I can’t put the property directly into an LLC due to loan restrictions, I’m curious about the liability side of things. Would you still recommend setting up an LLC or some other corporate structure for liability protection? Or do you think keeping it in my personal name is just as viable?

I’ve heard both sides—some investors say they’ve never used an LLC and haven’t had issues, while others swear by having that layer of protection. Just trying to weigh the pros and cons, so any insight or personal experiences would be greatly appreciated!

Thanks in advance!

[John Underwood]

LLC isn't needed for one mortgaged property.

Make sure you have the correct type of STR insurance. You can also get an umbrella insurance policy if your still concerned.