Purchasing real estate and managing it is a major responsibility. You want to make sure that you can achieve a return on the investment made and, to the extent possible, you want to protect the investment from creditor claims.
Florida homestead protection laws are some of the broadest in the country, but they only extend to your principal residence. If you are in the market to purchase real estate for investment, you should consider owning that property in a separate limited liability company (LLC).
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