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The Investor’s Guide to a Single-Family Rental Emergency Fund
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Starting Out
HomeForumsStarting OutLLC vs. Personal Name
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Account Closed
  • from Brooklyn, New York
  • Member since May 13, 2014
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Account Closed's profile image
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Account Closed
  • from Brooklyn, New York
  • Member since May 13, 2014
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Account Closed
  • Brooklyn, NY
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Starting Out

LLC vs. Personal Name

Account Closed
  • Brooklyn, NY
Posted May 14 2014, 17:43

hi, I am about to buy my first investment property. I'll be getting a mortgage on my personal name, however i am considering to put the actual ownership of the property on an LLC, will that give me any protection in a case someone wants to sue me ?

Also, shouldn't insurance cover all possible claims ?

thank you all in advance for your input

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