How To Transfer A Rental Property to an LLC?

[JessLyn Rivera]

I purchased a fourplex using a HELOC on my primary residence so technically we bought the fourplex "cash" with no mortgage. I feel I need to protect myself and get the property to be owned by an LLC...But I need STEP BY STEP instructions including how to start the LLC. How do I pay taxes on my LLC? Do I open the LLC in the state I currently live, or the state I own the rental property in? Should I co-own the LLC with my husband or is it best to do 49/51% or something for tax purposes? I need so much help figuring the business side out, then how do I transfer the title into the LLC of course.