Posted by JHyre in Ohio on April 01, 1999 at 13:20:22:
Check out Bronchick’s articles at www.legalwiz.com. The number of LLC’s used to hold properties depends on the size of the properties (e.g.- large building, 1 to an LLC or 10 SFH’s per LLC). Depends how much admin you want to deal with. Someone suggested $1 million per LLC- probably a good rule of thumb.