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Updated about 1 year ago on . Most recent reply

User Stats

11
Posts
3
Votes
Edward Acker
3
Votes |
11
Posts

LLC vs Umbrella

Edward Acker
Posted

Novice investor, trying to keep costs down but do not wanna lose my shirt. I own my personal residence plus two rentals and in contract to buy a third. The other two rentals were originally purchased in my name because they weren't supposed to be rentals. I am trying to secure my finances for my family. Tax advantages are good but protection of my assets for my family is the most important thing but I dont wanna go broke with LLC's and HOI here in Florida either. All thoughts and experiences are greatly appreciated!!

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