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Updated almost 18 years ago on . Most recent reply

User Stats

82
Posts
38
Votes
Lee Warren
  • Inspector
  • Dallas/Fort Worth, TX
38
Votes |
82
Posts

LLC or S-Corp for Asset Protection

Lee Warren
  • Inspector
  • Dallas/Fort Worth, TX
Posted

I currently have a couple of properties in my own name. For asset protection purposes, I am looking into putting them into a company name. I currently have an S-Corp that I was going to put them in. However, in some of the things I have been reading up on regarding asset protection, LLC is mentioned a lot. Would it be just as good to put them into an S-Corp, or should I set up an LLC under the S-Corp and put them in that?
Any thoughts would be appreciated.

Thanks,

Lee Warren

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