LLCs and your Rental Property

I’ve long been apathetic about LLC protection for your investment property.  Not that I thought it was bad.  Rather I just carry huge umbrella policies…you know, just in case.  But maybe I’ve changed my mind?  In any case and regardless of what side of the LLC argument you sit on for your rental properties, here is a link I suggest you go and read.

Liability Protection for Real Estate Investors

Now I’m off to gather more tax information.  🙂

1 Comment

Filed under Legal Issues, Worth Reading

One response to “LLCs and your Rental Property

  1. Michael Fry

    Chris, It is so easy and inexpensive to set up a LLC in Kansas that to me it is a no brainer. You can do it yourself in about 30 minutes through the KS Business Center. http://www.accesskansas.org/businesscenter/index.html
    Each year you have to pay KS $55 to keep it current. Like I said, easy and inexpensive for the protection it provides.

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