If you currently hold rental property in your own name, transferring it to an LLC can offer valuable liability protection, potential tax benefits, and improved credibility with tenants and partners. However, the process involves several legal and financial considerations that should be carefully managed.

If your real estate investment business is starting to feel like a circus, it may be because you're spinning too many plates. In a way, it's good to be busy: it means you are preoccupied with managing your income, and that should be celebrated. On the other hand, no matter how smart or hard-working you are, your mind and body are finite resources; you can only juggle so much.