[brodouevencode]

I don't begrudge any company investing and expanding their business, but when there are so many LLCs and layers of complexity to get problems resolved (as stated in the article) seems rather like an intentional obfuscation.

[tppiotrowski]

I recently set up a personal LLC and remember reading something about real estate investors making an individual LLC for each property as a way of limiting their liability. If you can't pay one mortgage then you still keep all your other homes. Those LLCs are then managed by another LLC.

[zer00eyz]

It's also a way to shield yourself from tenant lawsuits. The extent of damages you can seek are the value of the house.

[brodouevencode]

Huh - that makes sense then. I didn't consider the "limited liability" part of it :).