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Updated almost 5 years ago,

User Stats

8
Posts
3
Votes
Mitch Jorgensen
  • Investor
  • Wauwatosa, WI
3
Votes |
8
Posts

Wisconsin LLC for Rental Property

Mitch Jorgensen
  • Investor
  • Wauwatosa, WI
Posted

Hello All!

I am currently house-hacking a duplex and plan to purchase another in my area within the next 6 months. I would like to understand the steps behind setting up a LLC.

- What is needed to register an LLC in Wisconsin?

- What is the process behind transferring the ownership of a property (owned by me) to the LLC once it is created?

- If I plan to purchase other properties in the future, how should I structure my LLC? Should there be multiple LLCs for each property with one overarching 'Master' LLC?

Any feedback would be appreciated - I am just starting to research this topic. 

Thank you! 

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