Tax, SDIRAs & Cost Segregation

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Brandon Elliott
  • Realtor
  • Erie Co
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56
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BEST Assets protection EVER!!!!

Brandon Elliott
  • Realtor
  • Erie Co
Posted Oct 12 2022, 09:28

Okay, so I see this a lot in our industry. Investors will buy a property and put it into a LLC or buy it with the LLC outright. My question is whether or not to make a NEW LLC for every investment property you own? 

I know of a investor that has a mix of SFH and commercial property and he's used a different LLC for all of his 45+ properties!!! This seems excessive to me but on the other hand I don't own 45+ properties. When you purchase your investment properties do you make a new LLC each time and if so... Why?
(I understand LLC creation is a deeply personal choice! That said, I am curious to hear all the reasons!) 

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