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Updated over 9 years ago on . Most recent reply
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in escrow, shall i form LLC prior to close escrow?
i am in the beginning of 45 days escrow process to purchase a house in LA which i will use either as rental or live in one room and rent another. what would be the right thing to do right now? to form LLC before title exchange to my name? or shall i just buy on my name and quit clame later? or - i just have read a blog in BP by Ken Corsini that not Quit claim but rather should be Warranty Deed.i have to say my CPA doesnt know the answers...:)
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Deal with it later, you're living in the house anyway. CA has a high upkeep on LLC and other legal paperworks, not yet worth it if you only renting another room.