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Updated 6 months ago, 05/28/2024

User Stats

8
Posts
5
Votes
Daniel Chen
5
Votes |
8
Posts

Question regarding LLCs for my rentals

Daniel Chen
Posted

Hello everyone,

I already setup a new LLC for several properties that was rented as our family investment property. I have not yet done with filing the quit claim deed but I talked to my lender and they are okay with it.

As I am doing this, can I start to ask my existing tenants to sign new leases with the LLC and make payments to the said LLC or do I need to wait till everything is done.

Thank you

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