How to Group Properties in LLCs

The gurus all tell real estate investors to hold their properties in land trusts or LLCs.  That raises two questions. Do you use an LLC or land trust? How many properties do you put into each LLC or land trust? In this article, I will discuss the

Question on Property Holdings

Question: Do you recommend a different Trust for each individual property I own? K. Hoover Answer: Holding properties in separate legal entities is a good idea for asset protection purposes. A misguided scenario I see too often is to hold them in various land trusts. It doesn’t matter who the beneficiaries of the land trusts […]