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Jean Paul Rousseau
  • Investor
  • Nogent sur marne, Val de marne
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67
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Do I need one LCC per house?

Jean Paul Rousseau
  • Investor
  • Nogent sur marne, Val de marne
Posted Jan 31 2018, 09:48

Hello bigger pockets fellows!

I have four SFR properties in Georgia under a C-corp. For safety reasons, I was told it was better to put each house in a different LLC. One of the problem is that it looks costly (100$ to set up each LCC and 50$ per year registration fee on each LLC). What do you think of that cost and is it worth to do it?

The other problem is that each property needs a different account. Is that true ? If it is, it looks very complicated.

I will appreciate if someone know more about this topic

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