Rental Property - Direct Personal Ownership vs LLC Mgmt : ezLandlordForms

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Rental Property - Direct Personal Ownership vs LLC Mgmt

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?

2 Comments

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

Curtis B

said over 12 years ago

I would consider going for a S corp and transferring assets to it.