Updated almost 5 years ago on . Most recent reply
Do I need multiple LLCs?
I have an LLC registered in Utah, and the title to my two rentals (in Utah) are in my LLCs name. I am acquiring another rental in North Carolina and would like to move the Deed and tile of that property to my LLC. Should I create a new LLC in North Carolina, or can I retain my LLC in Utah and consolidate all of my properties in one place?
What are the pros and cons of both?
Most Popular Reply
This is where I would ask my attorney. Who knows what the laws are in NC vs UT, etc. I prefer to pay for that advice rather than make a big legal mistake that might help someone pierce the veil of the LLC.
- Dave Poeppelmeier
- Podcast Guest on Show #380
Keller Williams Citywide | Dave Poeppelmeier
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