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Updated almost 3 years ago,

User Stats

2
Posts
0
Votes
Deepak Walia
  • Realtor
  • Farmingdale, NY
0
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2
Posts

Shift properties under LLC

Deepak Walia
  • Realtor
  • Farmingdale, NY
Posted

Hey Everyone,

Long time listener l, first time poster. I'll get right to the point. I have four condos; two condos that I own outright and two that I have loans on. I have been thinking about shifting the two that I own outright under a LLC. My questions are:

1. Is it easy to do this (will I need attorneys)?

2. Anyone have any idea as to the costs involved (aside from LLC setup)?

3. Are there any other things that I should consider?

Thank you.

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