Why You Should Have an LLC if You Own Real Estate
It seems so natural when buying real estate that you’d put the property under your own name – after all, you are the owner. But what a lot of us don’t think about are the ramifications of having our personal information out there and the liability individual ownership creates for all our other assets. There are many reasons why putting your real estate into an LLC is a great idea to protect you and your finances. Car accidents, business deals gone wrong, and injuries on your property are just a few of the instances where insurance might not be enough protection.