Updated over 9 years ago on . Most recent reply
California property help
we have 2 properties in California one that is currently a rental in the Bay Area and one that will be in San Diego. In other states you can put the property into an LLC to protect yourself and other properties, the problem is that in California an LLC is about 800 a year and can significantly cut into the earnings when there is a mortgage and other expenses.
What are others doing to protect themselves?