Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Colorado Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Benjamin Park
0
Votes |
2
Posts

Anderson Law vs Nevada Corporation Headquarters?

Benjamin Park
Posted

I am looking at these two companies for my rental properties and asset protection. Do I need an LLC for each property?

Most Popular Reply

User Stats

79
Posts
30
Votes
Genna Golden
  • Rental Property Investor
  • Portland, OR
30
Votes |
79
Posts
Genna Golden
  • Rental Property Investor
  • Portland, OR
Replied

I have separate LLC's for each property, as advised by my lawyer and CPA. Yes, you have to track several bank accounts etc, but in the end it keeps each entity separate and accounts for performance/financials of each entity. You will likely be adding more properties as you go along that may not be appropriate to put into one llc. I do not recommend using Anderson. For me they have made matters more complicated than necessary and seem to have too many people "assigned" to your case which results in nobody really paying attention. They have been quick to charge money and slow to answer questions.

Loading replies...