Why you should NEVER hold rental property in your own name (Use an LLC)!

Today we're discussing why you should never hold rental property in your own name! Instead, use a Limited Liability Company (LLC) to reduce your personal exposure from potential liability. Check us out at https://www.Chicagospropertymanagemen... for more videos and real estate resources. Additional Resources: What Type Of Insurance Do I Need For My Rental Property?    • What Type Of Insurance Do I Need For My Re...   IL SOS Instructions on How to File for a LLC https://www.ilsos.gov/departments/bus... IL SOS Guide to Organizing Domestic Limited Liability Companies in Illinois https://www.ilsos.gov/publications/pd...