Forced into first deal!

[Brett Arceneaux]

I have been lurking around BP, listening to podcasts, and reading up on real estate investments for some time now. As fate would have it, we have been unable to sell our previous house for a year now, so we have decided to go ahead and rent it out. It is somewhat of a hack as there is also a building on the property that my wife will continue to work out of. My question is about setting up an llc—is now the time to set that up and do I need to deed the property to said llc? Thanks! I’m excited to see where the future takes us. Sometimes we have to be forced into what we want! B