Creating an LLC for Managing my own properties
I'm thinking about managing my own properties, but I wondering if I should create an LLC as a management company to manage only my properties. I wouldn't be transferring the properties into LLC, just doing all the operations from the LLC.
Would this type of structure be beneficial?
Would it simplify accounting? accounting of multiple partnerships?
Would it protect assets any more than just insurance?
Would taxes be the same rate? more complex?