Set Up an LLC to Protect Yourself and Maximize Deductions

Do I need an LLC for every investment property?   Though this does not make sense for every business owner, it's important to understand the risks of only maintaining one LLC with multiple investments.    When would you need more than one LLC?   The more investments that you have inside one LLC means more risk of losing those assets if your Limited Liability Company is in a lawsuit.    For my rental real estate owner friends, that is BAD NEWS!   So let’s make sure we are protected.👊🏾   If you recently established an LLC for real estate investing purposes, you may be finding it difficult to get approved for a mortgage loan under that entity.   Having a positive Paydex score is important, especially for rental real estate investors, because this allows you to leverage OPM.    Join the waitlist to my course👇🏾   http://bit.ly/TaxAlchemyAcademyWaitlist   Check out my website:  http://www.karltondennis.com/   Are you a business owner or real estate professional?  Schedule a call with me📞  https://go.karladennis.com/karlton-strategy-session   To keep up with me, and for more tax tips follow me on social media📲   Instagram.com/karltondennis