Real estate investors

Protect every property.
Isolate every risk.

Oregon landlords and real estate investors use LLCs to create a legal wall around each property. If something goes wrong at one, your others — and your personal assets — stay protected. Wayfinder handles the formation and ongoing compliance so you can focus on your portfolio.

Protect my properties → See pricing

Example portfolio setup

🏠

123 Oak St, Portland

Oak Street Properties LLC

Protected

🏡

456 Maple Ave, Beaverton

Maple Ave Holdings LLC

Protected

🏘️

789 Pine Rd, Lake Oswego

Pine Road Rentals LLC

Protected

➕

Next property

Ready to add

Pending

Each property in its own LLC. One problem at one address can't touch the others.

The case for separation

Why Oregon landlords put each property in its own LLC

If you own rental properties in your own name, every property is exposed to every risk. A slip-and-fall at one address, a tenant dispute, a code violation — any of it can become a lawsuit that reaches across your entire portfolio and into your personal finances.

An LLC creates a legal wall. Liability that happens inside one LLC generally stays inside that LLC. Your other properties — each in their own separate entity — are isolated. And your personal savings, home, and assets sit behind another wall entirely.

The strategy is simple: one property, one LLC. Each entity is its own legal container. If something goes wrong at one address, you haven't handed the plaintiff a key to everything else you own.

Note on legal advice: Wayfinder is not a law firm and this is not legal advice. The right LLC structure for your portfolio depends on your specific situation. We strongly recommend discussing your setup with an Oregon attorney before forming multiple entities — and we're happy to refer you to one we trust.

The difference in practice

Without LLC protection

A tenant sues over an injury at one property

You own all three properties personally. The lawsuit names you. Your personal assets, your other rental properties, and your savings are all potentially reachable by a judgment.

With separate LLCs

The same lawsuit — different outcome

The lawsuit names the LLC that owns that property. The other LLCs — each owning a separate address — are separate legal entities. Your personal assets sit behind another layer of separation entirely.

One LLC for all properties

Still exposed across the portfolio

Putting all properties into a single LLC is better than personal ownership, but a serious judgment at one property can still reach the assets of the entire LLC — including your other properties inside it.

One LLC per property

Maximum isolation

Each address is its own firewall. A judgment against one LLC has no claim on the others. This is the structure most Oregon real estate attorneys recommend for landlords with multiple properties.

Structure options

Three common ways Oregon investors hold rental properties

There's no single right answer — the best structure depends on your portfolio size, risk tolerance, and tax situation. Here's how they compare.

👤

Personal ownership

No entity

You own the properties directly in your own name. Simple to set up — no filing required — but every property and your personal assets are fully exposed to any liability from any address.

✓ Simplest setup, no filing costs
✗ No liability protection
✗ Personal assets at risk
✗ All properties exposed together

Most protected

🏠

One LLC per property

Separate entities

Each property lives inside its own LLC. Liability at one address is contained to that LLC. Your other properties and personal assets have maximum separation. This is the approach most Oregon real estate attorneys recommend.

✓ Maximum liability isolation
✓ Easy to add properties over time
✓ Clean ownership records per property
✗ Multiple annual filings to manage (Wayfinder handles this)

🏢

One LLC for all properties

Single entity

All properties held under a single LLC. Better than personal ownership, but a judgment involving one property can still reach all assets held by the same LLC — including your other properties.

✓ Simpler than multiple LLCs
✓ One annual filing
✗ Properties not isolated from each other
✗ Less protection as portfolio grows

The right choice depends on your situation. Talk to an Oregon attorney before deciding — Wayfinder can refer you to one we trust. Once you've decided on a structure, we handle all the formation and ongoing compliance.

Pricing

Packages for rental property investors

Whether you have one rental or a growing portfolio, we have a setup that fits. All packages include Registered Agent service from day one.

Single Property LLC

Ideal for: First rental or single investment property

$[X] one-time

+ $100 Oregon SOS filing fee

✓Articles of Organization prepared & filed
✓EIN obtained on your behalf
✓Single-member operating agreement included
✓One year of Registered Agent service
✓Secure document delivery via Wayfinder portal

Get started →

Best value

Portfolio Bundle

Ideal for: 2–5 properties, forming or transferring

$[X] per LLC

+ $100 Oregon SOS fee per property · Discounted rate for 2+ LLCs

✓Everything in Single Property, plus:
✓Discounted formation rate per LLC
✓Coordinated filing across all properties
✓One point of contact for your whole portfolio
✓Annual Report filing for all entities (add-on)
✓Wayfinder's address on all public SOS records

Start my portfolio setup →

Annual Compliance Add-on

Ideal for: Existing LLCs that need ongoing management

$200 / LLC / yr

+ Oregon SOS annual renewal fee · Per entity

✓Annual Report filed automatically every year
✓Registered Agent service included
✓Compliance reminders and deadline tracking
✓Address updates and changes at no extra cost
✓Add to any existing LLC — not just ones we formed

Add compliance →

Have more than 5 properties, or need to transfer existing properties into LLCs? Contact us directly — we'll put together a custom quote.

The process

How we set up your rental property LLCs

For portfolio bundles, we coordinate all filings together so every LLC is set up consistently — same registered agent, same portal, same compliance calendar.

Tell us about your properties

Fill out our intake form with your property addresses, desired LLC names, and ownership structure. We'll follow up by phone to collect your SSN for the EIN application.

~15 min

We prepare all filings

We draft Articles of Organization for each LLC, review everything for accuracy, and send you a summary to approve before we submit anything.

1–2 business days

We file with Oregon SOS

All entities filed together with the Oregon Secretary of State. We handle any follow-up questions from the SOS. Processing typically takes 5–7 business days.

5–7 business days

Everything delivered to your portal

All LLCs, EINs, and operating agreements delivered to your Wayfinder portal. Organized by property. Ready to hand to your CPA or lender.

You're done ✓

Common questions

Rental property LLC questions, answered plainly

Real questions from Oregon landlords and real estate investors.

Want to talk it through?

Call 503-726-0370

You don't legally need to — but most Oregon real estate attorneys recommend it if you have more than one property. Each separate LLC is a separate liability container. One LLC per property means a problem at one address cannot reach the assets held by your other LLCs. It's more entities to manage, but Wayfinder handles the compliance side so that's not a burden on you.

Yes — but the transfer process involves a deed change, which is a legal and potentially tax-triggering event. You'll want to work with an Oregon real estate attorney and your CPA before transferring existing properties. Wayfinder forms the LLC; your attorney handles the deed transfer. We can refer you to attorneys we trust for this.

Potentially yes — transferring a mortgaged property into an LLC can technically trigger a due-on-sale clause in some loans. In practice, lenders rarely enforce this for LLC transfers, but it varies by lender and loan type. This is an important question to raise with your lender and your attorney before you transfer any mortgaged property. Wayfinder forms the LLC — the transfer is a separate step that requires legal and lender coordination.

Most investors use the property address or a neutral holding name — something like "Oak Street Properties LLC" or "Portland Rental Holdings LLC." We'd recommend avoiding your personal name in the LLC name if privacy is a concern, since the LLC name appears in public SOS records. If you use Wayfinder's address as your registered agent, we keep your personal address off those records entirely.

A single-member LLC is a "disregarded entity" for federal tax purposes by default — rental income and expenses flow through to your personal tax return on Schedule E, the same as if you owned the property personally. A multi-member LLC is treated as a partnership by default and files its own tax return. Talk to your CPA about the right structure — Wayfinder handles the formation and compliance side, not taxes.

Yes. Oregon requires all LLCs to file an Annual Report with the Secretary of State each year to stay in good standing. The fee varies but is typically around $100. Missing the deadline puts your LLC at risk of administrative dissolution — meaning it loses its legal protections. Wayfinder's Annual Compliance add-on handles this automatically for every LLC in your portfolio.

Yes. If you already have rental property LLCs — formed by yourself or another service — we can take over as Registered Agent and handle Annual Report filing going forward. Just bring us in and we'll get everything organized in your Wayfinder portal.

Protect every property.Isolate every risk.

Why Oregon landlords put each property in its own LLC

Three common ways Oregon investors hold rental properties

Packages for rental property investors

How we set up your rental property LLCs

Rental property LLC questions, answered plainly

Let's get your properties properly protected.

Protect every property.
Isolate every risk.