Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
The infamous to LLC or not to LLC
I know this topic has been beaten to death!! I am not posting to get advice on quit claiming to an LLC or not to. I am specifically asking if anybody has experience in doing so, and subsequently had to file an insurance claim after the transfer. How did that process go? If you have transferred to the LLC, and the insurance was originally written in your name than the policy is void, correct?
and rewriting a policy for a business is completely different?
Does anybody have first hand experience with insurance dealings as far as claims after a quit claim from personal to LLC?