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Updated over 4 years ago,

User Stats

10
Posts
6
Votes
Leta Eydelberg
6
Votes |
10
Posts

Transferring property into LLC

Leta Eydelberg
Posted

I have read many discussions here but could not find the answer. 

My husband and I are competing 1031 exchange and buying several investment properties. We had the initial property in our name and as a result these new properties are in our name as well. 

We'd like to form an LLC and tranfer eventually the properties we own into LLC. My question is how can we do that? If it's possible, what is the process?

Auxiliary question: what form of LLC is best to choose?

We are located in California.

Thank you!

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