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Tax, SDIRAs & Cost Segregation

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Nick Lee
  • Investor
  • Chorley, Lancashire
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82
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The Old LLC topic

Nick Lee
  • Investor
  • Chorley, Lancashire
Posted Apr 28 2015, 00:58

I have done as much research as I can and found show 109 great. But I am still unsure about what to do regarding setting up of an LLC. I just wondered if anybody could point me in the right direction?

I have two rentals in my own name, I want the protection of an LLC. My concern is that if I suddenly put these two properties into an LLC it is clear to anybody that they originated from me and I am the owner. Should I still go a head with this?

I know if I set up an LLC then all properties should be offered on with the LLC name and not mine to keep things private. If I go ahead and set up my LLC and then add these two rentals and others later on, is this just undoing all the hard work of trying to keep things private?

Do I also need to have multiple LLC's to be completely secure? I want one LLC which will be my company name that I can keep ideally.

Any help would be appreciated.

Thanks guys

Nick

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