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Updated almost 2 years ago, 01/29/2023
Should I move my rental to an LLC?
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!