I currently own 2 houses, one of which is currently a rental property (and rented out), and the other will be starting in june. Is it worth it for me to form an llc, and can the llc own those houses (and others i plan on buying in the future)?
That is the simple gist of my problem. Now the complicating factors. I am active duty military, soon to be deployed. My wife, who would be the other member of the llc will be living in CO while I am deployed. The properties are in AL and NC. Do they each need a seperate LLC, and where do I file anyway?
Any input you have is appreciated