Would you create more than one LLC. for rental properties?
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Answer:
why would you need an LLC at all for that? - just creates extra costs and paperwork, tax returns, meetings requirements, etc - you protect yourself by having Landlord and Liability insurance on each property. the loans are still going to be in your personal name using your personal credit - can you even put personal assets like that INTO an LLC?
VICTOR R at Yahoo! Answers Visit the source
Other answers
why would you need an LLC at all for that? - just creates extra costs and paperwork, tax returns, meetings requirements, etc - you protect yourself by having Landlord and Liability insurance on each property. the loans are still going to be in your personal name using your personal credit - can you even put personal assets like that INTO an LLC?
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