Legal Status
Hi Everyone,
I just closed on my second property of the year. And I was wondering for the people with multiple rentals, how do you have them structures from a legal standpoint? Right now, the properties are just in my name. But should they each be in an LLC? Should they have their own? I have about a 25% equity position in one and a 50% equity position in the other one, if that matters.
Thanks,
Andy