Rental Properties & Trust

[Earl Morris]

Purchasing a rental property in the coming months, with a plan to have several by the end of 2025. We have a real estate attorney, 

- Is there a suggested amount of properties to have in one trust? 

- If so, what is the reasoning? 

- Is there a point where you look to a different setup to safeguard the assets? 

We have a real estate attorney, but are new and hope to glean from the experience of this community. Thanks in advance

[Tyler Warrick]

Quote from @Earl Morris:

Thanks, @Tyler Warrick The real estate attorney is also an estate planner, so that is helpful to know.

@Jonathan Bock because this is a general forum and I was hopeful someone like Tyler would help me with my general, yet direct questions above. If you can and are willing to help, great! If not, that's cool too. 

 Happy to help! Best of luck, my friend. 

I would 100% run these questions through your RE Attorney, but if you're looking to be best protected I would venture to say one property per trust/LLC (however your RE Attorney might suggest this is overkill).