Am I doing the right thing?
hi everyone. i am new and have two questions.
#1
currently have 3 rental properties in houston and plan on buying a 4th in the next month or two. i found this seller during a garage sale and talked him into selling the house. they have already started moving and cleaning stuff out too =)
All my properties are currently under my name (ive heard this is not a good thing to do) and friends/coworkers have suggested me to start up an LLC and put all the rental properties under that entity. am i doing the right thing? or should I just leave everything the way it is?
If I do form an LLC,
is there any advantage to using the name of the LLC as the registered agent (option A) versus using my legal name (option b)? see attachment below.
thanks everyone for their help! god bless america!