LLC or Umberalla for rental unit

1 Reply

Are there any disadvantages of adding a rental to existing Umbrella and not start an LLC? I already have one unit on Umbrella and considering another rental that I will close next month. Experts please suggest.

Thanks 

This topic is debated heavily all over biggerpockets.com and the REI community at large. Do some searching around and you'll learn all you could ever want to know!