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Updated almost 2 years ago, 01/29/2023

User Stats

17
Posts
13
Votes
Iris Olivas
  • Homeowner
  • Montana
13
Votes |
17
Posts

Should I move my rental to an LLC?

Iris Olivas
  • Homeowner
  • Montana
Posted

I am a first time investor and I am wondering about moving my soon-to-be rental property into an LLC. Is this a good idea, why or why not? I filed for an LLC along with my application for a business line of credit. I guess I just feel weird about having my new investment property under my business name instead of my own name. I plan on closing with the title company under the LLC name, instead of my own and then moving it later.


Thanks for your help; I apologize if this is a silly question!

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