Why would someone put one property in 2 seperate LLCs
Hello all,
I always run number on different properties, so I can understand my area better. I came across something interesting. One house, smack in the middle of 2 lots. Each lot is owned by a separate LLC. Both LLC's have the had the same business address at some point. However, one is now using a P.O. Box. I thought it was weird and maybe just a mistake. I was wondering if this setup could hold any value or if it's simply an error. One LLC has no more property in my county. The other has several SFH and a warehouse.