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Updated over 5 years ago,
LLC to hold rental properties in Texas for Solo 401K Investment??
I'm reading that a Solo 401K Trust is already protected from creditors and bankruptcy in Texas. That said, does it protect you in the case of a tenant sueing the owner if the Solo 401K owns the rental property? I'm considering whether I need to create an LLC to hold the rental property on behalf of the Solo 401K trust and like to hear other's opinion. Is this prudent or a wasted layer for Texas rental properties?