You may already have a LLC or are thinking of setting one up. Before you hit the snooze button, don't forget several important facts about protecting your investment properties here in Arizona.
Using one LLC for multiple properties subjects ALL of the investments in the LLC to possible liability! If you have more than one investment property, set up a LLC for each one! This singular action is better known as "single asset LLC". You have worked hard for each of your Arizona Rental Properties. Why not take the time to give them their own LLC for that added hedge of protection?
Don't forget to check with your tax or legal counsel regarding the operating agreement among the LLC members for each property.
You will sleep better knowing you have done your due dilligence for each of your investment properties.
Locate a new Arizona Rental Property the easy way! Contact us today for a detailed list of our services. Arizona Property Management is what WE do best! We welcome your comments and feedback!