LLC for rental property?

[Ki Lee]

I have 2 rental properties in Utah and Illinois. One is a single family home and the other is a triplex. I bought them using my personal name. I do have umbrella policy to cover potential liabilities. Is it still necessary to have these under LLC? If so why? Should I get an attorney to do it or can I do it myself? And having bought the properties under my name originally, would it be complicated to transfer it to an LLC?

[Jaiden Olsen]

As a rental property owner myself, I value my privacy. With the information you posted, it was very easy for me to see which properties you own, where they are located, your personal address (where the tax bills are sent anyway), and other personal information. That all took less than 2 minutes. An LLC is a great way to protect your privacy and so much more. @Jeffrey S. Breglio is a great resource for setting up your Utah LLC. Check out his website to learn more about why you need an LLC and why a Lawyer should set it up for you!

http://bregliolaw.com/