@rcman0730 wrote:
Which is the reason why that my Florida Rental real estate is owned by the Florida LLC. And that the member/owner of the Florida LLC is a Wyoming LLC.
Fine, but another strategy (not involving a separate entity) is to max out the liability insurance on the property and also have a $5-$10 million personal umbrella policy. Further, tenancy by the entireties can be used if the owners are married to each other.
