Are you actually protected?

An LLC protects you from some things and not others. Answer five quick questions about your setup to see exactly where you stand.

1. Does the property have a mortgage?

2. If yes — did you personally guarantee it?

3. Did you buy the property personally, then transfer it into the LLC later?

4. Does the LLC have its own bank account, separate from your personal funds?

5. Do you carry landlord or umbrella insurance on top of the LLC?

Answer all five questions first.

Protected against

    Still exposed on

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