LLC Asset Protection Question

1 Reply

Does it make sense for an LLC that is renting property in a state to also hold the property? Would the property be any more protected if there were an in-state rental or property management LLC while the property is held by an out of state LLC? Would there be implications for liability and dwelling insurance? It seems like this would provide a layer of protection against tenant law suits.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you