Do I Need an LLC for My Rental Property? More specifically, do I need one LLC for each rental property, or one LLC for all of my properties?

By Mark J. Kohler Mar 15, 2017

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Mark Kohler discusses the importance of balance between your LLCs and rental properties.

"If you get one rental, get an LLC. Now, maybe two and three rentals can go into one LLC . . . . As you start to get four, five, six, seven, 10 or 15 rentals, then maybe we add a second or a third LLC. Maybe even a holding company LLC to hold them all."

There are all sorts of options for your asset protection, but it all comes back to balance -- let your portfolio grow along with you.

Click play to see how proper financial preparation can save you from headaches later.

Watch more videos from Mark J. Kohler on his YouTube channel.

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical and provides partners with distribution on Entrepreneur.com as well as our apps on Amazon Fire, Roku and Apple TV.

Mark J. Kohler

Entrepreneur Leadership Network® VIP

Author, Attorney, and CPA

Mark J. Kohler, a certified public accountant in Irvine, Calif., is a partner in the accounting firm Kohler & Eyre, and the law firm Kyler, Kohler, Ostermiller, & Sorensen LLP, specializing in business, estate and tax. He is the author of The Tax & Legal Playbook and What Your CPA Isn't Telling You from Entrepreneur Press.

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