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Updated almost 7 years ago,

Spencer Wetmore's profile image
Spencer Wetmore's profile image
Spencer Wetmore
  • Investor
  • from Cromwell, CT
  • Member since Apr 11, 2015
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23
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5
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Spencer Wetmore's profile image
Spencer Wetmore's profile image
Spencer Wetmore
  • Investor
  • from Cromwell, CT
  • Member since Apr 11, 2015
Connect
Spencer Wetmore
  • Investor
  • Cromwell, CT
5
Votes |
23
Posts
Tax, SDIRAs & Cost Segregation

FHA in an LLC?

Spencer Wetmore
  • Investor
  • Cromwell, CT
Posted

Hi Everybody!

I purchased a multifamily in June 2016 using an FHA loan. I did a little research and would love to create an LLC for this property (and possibly future properties). However, I heard from a non-attorney it is not allowed to put an FHA property into an LLC.

Can somebody substantiate this fact? I did a little digging, but couldn't find anything concrete.

Thanks so much,

Spencer

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