> each project gets its own LLC, which allows them to contain any potential liability for the project
Interesting. That's a great idea for any fixed time + capital intensive projects. Keeps the structure, ownership, and responsibilities clean for a small amount of legal/paperwork.
>Each property is its' own LLC to minimize potential liability/risk.
The individual SVP structure for rental properties is primarily used to avoid land sale taxes. Sell the shares, not the building/land etc. to benefit from a different tax regime.
Interesting. That's a great idea for any fixed time + capital intensive projects. Keeps the structure, ownership, and responsibilities clean for a small amount of legal/paperwork.