Llc for first investment property

[Matthew Araujo]

Hi everyone, I'm in the process of trying to acquire my first rental. I'm located in NY, and looking to invest in Pennsylvania. I'm unsure of whether or not I should set up my LLC in NY or PA, or if it's necessary for my first property? Any feedback would be greatly appreciated, thanks!

[Chris Seveney]

@Matthew Araujo

If your buying a single family I would buy it in your name and get an umbrella insurance policy

You will get better rates as well