What’s the legal structure of YOUR portfolio? -no opinions please
We've all seen the dozens of opinionated posts about LLC vs. no LLC, maxing out personal umbrella insurance vs. creating legal entities, whether it's worth it to create holding companies, pros/cons of series LLCs, and so on. These are all very helpful, and I've referenced them many times.
However, rather than another post full of differing opinions on legal structure and the “I’m not a lawyer but...” advice, I’m interested in knowing WHAT you’ve done rather than why. How is your portfolio structured? Do you have legal entities? If so, is each property in a separate entity? What type of entities? Separate entity for management? Holding companies? Living trusts involved? I think it would be really interesting to know how investors have structured their assets, from those just starting out to seasoned investors.
Feel free to share as much or as little information as you’d like.
Thanks in advance!