Our law firm has been helping real estate investors protect their portfolios for 20 years. Want to know the biggest mistake we see them make? Thinking insurance is enough to cover their liability. The unfortunate truth is many investors have tenants and “ambulance chaser” lawyers just waiting to sue them. Insurance will NOT protect you against a judgement against all of your assets (including your own home). Putting each of your properties into an LLC will limit your liability to that property.
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