LLC
My Husband and I own 3 houses and two of them are rentals. He wants me to put the rentals under an LLC. Now I know an LLC is to protect you in the event of being suid, but if we have good insurance polocies, does that matter. I just don't understand why he wants me to bother with the LLC? Please help. Oh, and we don't own anything realy for anyone to take, all three properties have notes with the bank.