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Updated over 8 years ago on . Most recent reply

LLC in NY but have property in MD
Good Afternoon BP,
I have two rental properties in Maryland but am going to be living in NY and would like to open an LLC in NY and put the property on that LLC. Is this possible and worth it? In addition am I able to put those two properties, which both have conventional mortgages on them to a brand new LLC?
Thank You,
Lukasz