Updated over 10 years ago on . Most recent reply
first property
The forums seem to be pretty split about asset protection in terms of getting rental properties in an LLC or under an umbrella policy. I'm looking to buy a my first single family home to rent. I'm hoping for people to share what they did on their first rental. Would you do it the same? Do you still do it the same? Has anyone been sued and the LLC protected personal assets? Been sued and just an umbrella policy protected your personal assets? What is my safest/easiest path to make this happen for me? Thanks.