Texas = Community Property State

[Ryan Young]

I will be meeting with CPA's and Real Estate Attorneys to really answer the legal side of my question, but until then, I'd like to hear the advice from experienced investors here on BP.

If I'm going to persoanlly secure financing for buy and hold properties here in San Antonio, my wife will have to be included since Texas is a community property state.

I'd like to trasfer the deed and hold the properties in my LLC for liability protection along with another blanket insurance policy.

Does this leave my wife vulnerable to liability issues if she is on the financing but not involved in my LLC or blanket insurance policy?