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LLC or Umberalla for rental unit

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Sri Kanth
Rental Property Investor from Irvine, CA

posted 23 days 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 22 days 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!

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