LLC or no?
This question is for anyone out there.
I started out putting my properties under an LLC here in tn, but upon the tax advice of our CPA, we just closed down our LLC and just changed to having a bigger general liability insurance policy to cover us.
What has all your experience out there taught you about this? Would love to get some honest opinions. Accountants will give you tax advice, attorneys will give you the advice to carry an LLC or similar, and insurance agents will tell you to buy lots of insurance.
So I'd love to know some of your strategies, success stories, and particularly horror stories in this area.
Happy new year!