Deeding a property into an LLC

[Mikki Kline]

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!! :) 

[Neil Goradia]

I'm from Marion County....just do a quit claim deed, no reason to have an attorney do it. If you want a form I've used just send me a PM and I'll send it to you. Also, in order to get it recorded you'll need to do the sales disclosure form. The entire process is online at this address: http://gatewaysdf.ifionline.org/Default.aspx

I usually print out and go to the assessors office for their stamp, then to the recorders office. Since it looks like you are out of state, there may be a way to mail it in but it will take longer.