Quote:
Originally Posted by Flash68
I thought you were asking about forming an LLC to hold each rental property in for asset protection vs what Greg is talking about.
I would absolutely form separate LLC's (or at least one) to protect your personal residence and assets from any lawsuits or accidents that could result.
All it takes is one big incident to ruin a lot. An LLC is cheap when you look at it that way.
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^^^ This
Asset protection was the primary goal and maybe a little extra anonimity as well.