Investment property in LLC
We have a four complex investment and Have been told it's best to put it into an LLC but in California it's taxes/cost are
Outrageous
our main focus for that was to protect it from lawsuits ...are there any other ways to do so that it’s protected As a single situation in other words if we do get sued they can’t go after anything else that we own in California
Most Popular Reply
Your landlord insurance policy's limits can be supplemented by an umbrella policy with additional coverage. We all have different risk tolerances, but my wife and I hold our properties in our own names and sleep well at night trusting that our insurance coverage offers sufficient protection against potential liabilities.