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Amanda Culleton
Pro Member
  • Rental Property Investor
  • Upstate NY
5
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21
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CPA & LLC advice in New York

Amanda Culleton
Pro Member
  • Rental Property Investor
  • Upstate NY
Posted Feb 19 2020, 07:40

My husband and I currently have 1 LLC that we use to hold our properties under. We are looking into restructuring for better asset protection (possibly 1 llc per property and 1 main llc to run it all). We are unsure of how to form the new LLC. Our CPA advised to create an LLC for each and our Lawyer describes an umbrella of LLC (1 main and the others flow into it). What would be the best way to structure it? Any CPA in NY we can talk to? Thanks in Advance!