Can a California real estate company be an LLC?
Charlie,
Yes, you can use an LLC to buy and to manage real estate properties. In fact, LLC is the most popular form of entity that real estate investors and developers use to hold their properties.
Keep in mind that it is recommended to register a separate LLC for each and every property that you purchase, and it is generally recommended to separate each business (such as real estate management company) into its own LLC.
The reason has to do with liability – if one LLC is sued because somebody broke a leg on the property owned by that LLC, other properties are protected from any judgement against the property in question and its owner (the LLC).
(a) You made a typo in the card number, CCV code, expiration date, name or address;
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