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Hunter Thompson
  • Investor
  • Richlands, NC
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36
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Operating under a LLC??

Hunter Thompson
  • Investor
  • Richlands, NC
Posted Aug 2 2017, 07:50

I just spoke with an attorney and he suggested to me to form a new LLC for each property I purchase. He said it would add a layer of protection if something were to happen on one property, then the other properties could not be affected because they are a completely different LLC. Then simply have my actual business a separate LLC and run it more as a property management for all my LLCs?

Do any of you have experience doing something like this, or know of any of the big players that do it this way? 

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