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Updated over 4 years ago on . Most recent reply
What do I need to know before moving my properties into an LLC?
I own 2 duplexes in Indianapolis, which are mortgaged in my name. I want to move them into an LLC, but other than the possibility of the bank calling the note when I do it (which everyone I've talked to says never really happens), what are some things to think about? Does it cause any problems when I go to sell the properties, or anything like that?
I think moving into an LLC is the right move, but I want to make sure I've got everything taken care of on the front end before I do it.