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Updated about 2 years ago on . Most recent reply

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27
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6
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Pros and cons of LLC

Santosh Prabakar
Posted

What are the Pros and Cons of moving the rentals to LLC. Can the lender object moving the property to LLC?

Most Popular Reply

User Stats

171
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116
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Ryan Lesley
  • Real Estate Agent
  • Fort Collins, CO
116
Votes |
171
Posts
Ryan Lesley
  • Real Estate Agent
  • Fort Collins, CO
Replied

Hey Santosh, 

I had several questions regarding the same thing when I was interested in LLC's for rental properties. Like the other two have suggested definitely consult an attorney, which is my recommendation as well but I'd also like to point you to this video in particular that helped me and that I found very useful.

I personally use Anderson Advisors, and I like that they are business attorneys as well as CPAs under one roof that understand real estate investing strategies. 

They also offer free webinars and strategy sessions that you can sign up for here if you're interested. 

hope this helps you out and best of luck 🤝🍀

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