LLC or Umberalla for rental unit
1 Reply
Sri Kanth
Rental Property Investor from Irvine, CA
posted about 1 year ago
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
Allan Smith
Rental Property Investor from Nashville, TN
replied about 1 year ago
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!