LLC for Rental property

[AndyMac]

Presently we own two rental properties. After buying the first home we got a business license and created an LLC.

A year later we bought a second house. My question is, can I add the second house to the LLC or do I need to create a second LLC? And if I do have to create a second LLC, how do I go about that on my own?

Thanks in advance.

Andy

 

[seniorjudge]

Q: My question is, can I add the second house to the LLC or do I need to create a second LLC?

A: I have seen it done both ways. Ask your accountant for suggestions.


Q: And if I do have to create a second LLC, how do I go about that on my own?

A: You didn't bother to tell us what state. So the general answer is go to the website for the bureaucrats in your state who handle such things.