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Updated over 2 years ago,

User Stats

5
Posts
2
Votes
Patrick Horrocks
2
Votes |
5
Posts

Personal HELOC with LLC?

Patrick Horrocks
Posted

Hi all, quick question, I'm planning on moving a property into an LLC. I have a good amount of equity in the property so was thinking about taking out a personal HELOC before I deed the property into the LLC. Would that HELOC still stand in my personal name or would it by default be transferred to the LLC as well? Thank you!

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