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248: Rookie Reply: Do You NEED an LLC for Rental Property?

Real Estate Rookie

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The Additional Costs of LLCs

At 2k it is like the additional cost comes along with LLCs because in California I don't know I think our attorney charges like $1,200. You can also get umbrella insurance if you do have any your personal name and that's what I did was get an umbrella insurance policy on top of your landlord policy.

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