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Updated almost 3 years ago on . Most recent reply

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Mark Ragland
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Moving Rental Property from One LLC to Multiple LLCs

Mark Ragland
Posted

I have multiple properties that are owned by a singular LLC. In my research, it seems that transferring that they should probably be held in separate LLC's. However, my question is, would I still receive the same asset protection in transferring them now as I would if I had put them into separate LLC's originally? Secondly, if it is still a smart move transfer them into separate LLCs, should I dissolve the original LLC that held the properties to make sure there is no connection between them?

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