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Updated over 7 years ago on . Most recent reply

User Stats

17
Posts
3
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Ketan Parekh
  • Duluth, GA
3
Votes |
17
Posts

LLC questions on Property transfer and Insurance

Ketan Parekh
  • Duluth, GA
Posted

Good Day Investors , 

So finally after my 3rd Property - I did dive into opening an LLC. I know the next thing would be to do a QuitClaim to transfer the investment properties to the LLC.

Q1. When I do a Quitclaim - the state would show the LLC while the title would be on my name - does that cause an issue ?

Q2. Should I be doing a Warrant deed instead ? 

Confused on them - and there are conflicting articles on the web on both. 

Q3. As for the LLC - do you recommend what kinda Insurances should I be taking ? Liability etc ? and amounts ?

As always thanks for taking the time and responding. 

Thanks

Ketan

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