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Updated over 7 years ago on . Most recent reply

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LeArcashei Moore
  • Auburn, AL
5
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Holding LLC Companies

LeArcashei Moore
  • Auburn, AL
Posted

Hey. I am new to Real Estate Investing and I was watching a few videos about real estate and I heard the investor say they have a Holding LLC company. Can anyone explain what's a Holding LLC and is it beneficial to get one? If so when would be a good time to do so? Before I buy properties or later in my investing career?

Thanks in advance.

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1,473
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Omar Khan
  • Rental Property Investor
  • Dallas, TX
1,993
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Omar Khan
  • Rental Property Investor
  • Dallas, TX
Replied

@LeArcashei Moore An umbrella insurance is a type of insurance policy is designed to help protect you from major claims and lawsuits and as a result it helps protect your assets and your future. It does this in two ways: Provides additional liability coverage above the limits of your homeowners, auto, and boat insurance policies.

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