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Rental Property - Direct Personal Ownership vs LLC Mgmt
b
Ben H
started a topic
over 12 years ago
if you form an LLC to reduce personal liability in potential suits from property renters, do you also need to have the LLC recorded as the property owner in order to maximize your personal liability protection?
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J
Jessica B
said
over 12 years ago
Ben, it might be more beneficial to have the property listed under the llc to reduce risk. It's always best to sep your personal items from your biz. This article is helpful, offering more insight!
http://ezinearticles.com/?Benefits-of-an-LLC-For-Rental-Property-Owners&id=3136426
C
Curtis B
said
over 12 years ago
I would consider going for a S corp and transferring assets to it.
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