Moving a Property to an LLC... equity

[Chris Tedeschi]

Hey everyone,

I have one multi-fam rental that I am planning to move out of my name and over to an LLC. Does anyone have some pros and cons to doing this? I know some of the pros, which is why I'm doing it, but I'm thinking that I will now no longer have any ability to utilize any equity in that home after this, is that correct?

Any help here would be great!

Thanks in advance,
Chris