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Updated over 8 years ago,

John M.'s profile image
John M.'s profile image
John M.
  • Investor
  • from Schnecksville, PA
  • Member since Mar 22, 2015
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User Stats

19
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2
Votes
John M.'s profile image
John M.'s profile image
John M.
  • Investor
  • from Schnecksville, PA
  • Member since Mar 22, 2015
Connect
John M.
  • Investor
  • Schnecksville, PA
2
Votes |
19
Posts
Insurance

LLC or umbrella

John M.
  • Investor
  • Schnecksville, PA
Posted
I recently purchased a 5 unit apartment bldg. I plan on keeping it indefinitely . Cost to put it into a LLC would be approx. $4k because of transfer tax & LLC fee. Liability is my main concern! Should I just increase my umbrella coverage limits or try to insulate my self also with an LLC?
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