Quit Claim Las Vegas

[Oliver Martin]

Hi everyone. So I finally made my next step as a beginner investor. I formed an LLC. I plan on transferring a couple of properties that I plan on keeping long term from my name to the LLC. Here's a few questions I'd like to ask or double check before I do this.

1. If a property has HELOC, would it trigger the due on sale clause by the lender? I know there's a risk in doing so but would like to hear any experience on this anyway.

2.  Should I file a quit claim or warranty deed? 

3. I will renew the lease on those properties with the LLC as the landlord. So tenant will deposit rent into the LLC bank account. Do I contact the HOA to notify them of the new owner and start billing LLC for the monthly HOA fees? I already paid for this year's HOA fees so that will apply for next year. My goal is no commingling of personal and business account. Do I contact the homeowner's insurance as well? Am I missing something or any suggestion?

I appreciate all the advice! 

[Charlie Fitzgerald]

Talk to your accountant and your RE attorney..at this point, you risk more harm than good...