J Rizzle asked:


I have a home that is going to be converted from my primary residence to an investment property that I will rent out. I would like to know if putting this home in an LLC is the best course of action to limit my liablity. Also I will be residing in a state other than the one the soon to be investment proerty is located. Should I form the LLC in the state the property is in or the state I will be residing in? Only helpful answers please.