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Updated about 8 years ago,
Deeding a property into an LLC
Hello! Sorry for this total newbie question, but I appreciate the experience of others in here! This is completely new to me.
I just bought my first rental property a few days ago, using my QRP. I was in the process of forming an LLC that is owned by the QRP, but it was not ready to go at the time of closing. I now need to deed the property from the QRP to the QRP-owned LLC, but I am not sure how to go about doing so. There is no financing for the property involved.
The property is located in Marion County, Indiana.
Would this require a warranty deed? Is the seller disclosure form required as well? Is this something I can do myself without too much risk, or should I just pay my lawyer the $300 fee that was quoted for doing this?
Thank you!! :)