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Updated about 7 years ago,
Baltimore: Umbrella or LLC?
I have a four duplexes in Baltimore, and I am not sure which strategy is best for liability protection: 1) create an LLC, but transfer taxes are pretty prohibities, 2) have an umbrella policy ($1M? $2M?), or 3) a combination of both.
I would appreciate any insight, advice or thoughts.
Thank you,
Tarik Nabi