Updated over 5 years ago on . Most recent reply
Title to LLC or Trust
I was speaking with my brother - partner in rental business - and his attorney (Real Estate lawyer) who recommended putting each property into it's own trust or llc.... I am looking for additional experienced advise in this matter. Separate trusts/llcs or a single holding company? We are hoping to add another layer of liability protection... It was explained to us, that if an injury happened at one location, that the victim may be able to attach their litigation to our other properties.
Thank y'all and I look forward to your guidances.
Stephen