The Pros and Cons of Putting the Condo in an LCL?

The pro is simply that if that condo is in the eli c, and something goes horribly wrong with that condo, then the damages are generally limited to the equity in that condo. The cons are, you got to set up in l o c. It cost you 15 hundred bucks or more to do this. And depending upon the state you're in, you may have annual filing. California, you have to file 800 dollars per year. Florida, i'm sure i's a lot more pro friendly on that, so maybe it's not so bad. You no im it's the saing question, whete the best ways to get tax breaks? And how does depreciation on real estate