Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 13 years ago,
LLC Conversion?
I recently completed purchase of my second property this year.
1st purchase was Single Family house. Purchased with cash and added Home Equity loan to purchase second property (condo).
Is it possible to transfer these properties to LLC without going through Home Equity loan refinancing?
If yes, what steps should I need to take? What to look for and what to avoid?
If someone has done this in past, I would appreciate their experience/feedback.
Thanks