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Updated over 7 years ago on . Most recent reply presented by

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Leen Sha
  • from Tacoma, WA
  • Member since Feb 4, 2018
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Leen Sha's profile image
Leen Sha's profile image
Leen Sha
  • from Tacoma, WA
  • Member since Feb 4, 2018
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Leen Sha
  • Tacoma, WA
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Tax, SDIRAs & Cost Segregation

Can single member LLC protect your primary residence?

Leen Sha
  • Tacoma, WA
Posted

A friend of mine have real estate in WA state which is our primary residence ..she owns this property free and clear ..no mortgage 

She does not have any other property. She is single.

I heard that one can create single owner LLC and put her primary residence to protect against possible future lawsuits?

Can you please more info/advise on this? 

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