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Updated over 5 years ago,
Moving property out of LLC to refi
Hello all,
I am looking to put financing on a rental property I own outright through my LLC. I am told I will need to move the property into my name to do this. I would like to move the property back into my LLC after obtaining financing. Do any of you have experience with this? What is the process? Is it two quick claims deeds? What are the implications, risks, caveats? Would this compromise whatever liability protection does exist with the LLC?
Thank you,
Nick