Same logic on opting out of an LLC for my properties. I have a large umbrella policy and property insurance through a reputable insurance agency for all of my properties. However, I do have an asset management LLC. Lots of additional tax benefits by adding that structure.
Very informative video, if you have multiple investment policies and don’t have LLCs, consider a minimum of a 5 million dollar Personal Umbrella Policy. Going from 1 to 5 million is not that much more. With your income and assets, you definitely need at least 5. 💪🏼
![My Bravest Money Decision [5 Steps I Took]](http://i.ytimg.com/vi/4UDcD9BeN74/mqdefault.jpg)
Thanks for watching! 😘 Comment below, are you going to put properties in an LLC??👇👇
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Same logic on opting out of an LLC for my properties. I have a large umbrella policy and property insurance through a reputable insurance agency for all of my properties.
However, I do have an asset management LLC. Lots of additional tax benefits by adding that structure.
Love it!
Thank you for answering my question ❤
You’re welcome Christine! 😊
Very informative video, if you have multiple investment policies and don’t have LLCs, consider a minimum of a 5 million dollar Personal Umbrella Policy. Going from 1 to 5 million is not that much more. With your income and assets, you definitely need at least 5. 💪🏼
Thanks Jorge!