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Updated over 11 years ago on . Most recent reply

Paddy O'dowd's profile image
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Paddy O'dowd
  • from Cary, North Carolina
  • Member since Nov 7, 2013
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Paddy O'dowd's profile image
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Paddy O'dowd
  • from Cary, North Carolina
  • Member since Nov 7, 2013
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Paddy O'dowd
  • Cary, NC
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Tax, SDIRAs & Cost Segregation

Property LLC

Paddy O'dowd
  • Cary, NC
Posted

hi - i own a few investment properties, bought using convential financing - is it possible to put them into an LLC without changing the financing? if so, could anyone point me to any recommended articles that may help me understand the pros/cons of using an LLC versus keeping the properties in my personal name

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Account Closed
  • from Dallas, Texas
  • Member since Aug 29, 2013
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Account Closed
  • from Dallas, Texas
  • Member since Aug 29, 2013
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Account Closed
  • Dallas, TX
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Account Closed
  • Dallas, TX
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William,

You are right many people sue happy here in Texas, and if they sue the LLC, they will name everyone attach to the LLC. An insurance policy is the best asset protection.


Joe Gore

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