Looking to protect assets and looking for advice

[Brett Lee]

I am looking to protect my assets as much as possible. Wondering if i should form llc or if you have other ideas or strategies i should look into employing? Any advice would be appreciated

[Costin I.]

@Brett Lee - do you need an LLC, have you passed your risk threshold? Have you implemented and exhausted all the other ways of risk mitigation before complicating yourself with the expense and requirements of an LLC?

There is a lot more to the LLC question - when to do it, how to do it, current mortgage, proper transfer to preserve title insurance chain, DOS, future financing, management, distribution of properties per entity, insurance, partners, etc. - stuff barely touched in current thread.

Here is a diagram to help you on your quest: asspro-cya-diagram