Updated about 7 years ago on . Most recent reply
Do I really need a LLC
As many have recommended, I created an LLC to get started with my rental properties but I'm wondering now if it makes any sense.
It seems unless you have financed the home in the LLCs name there is not a great benefit. The tenant can still find out who you are and sue you because the house is really in your name and I'm also not seeing any tax benefit.
What does an LLC give me that landlord insurance , umbrella insurance and a good accountant won't give me? Am I missing something?