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248: Rookie Reply: Do You NEED an LLC for Rental Property?
Real Estate Rookie
Importance of Putting Your Home Under an LLC
The importance of putting your home under an LLC depends on personal circumstances and financing options. Some investors choose to use LLCs for long-term holds to protect their assets, while others may use personal names due to financing restrictions. Use of LLCs may require updating property titles and obtaining LLC-specific debt, while others opt for umbrella insurance policies for additional protection.
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