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Updated almost 6 years ago,

User Stats

936
Posts
969
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Gregory Schwartz
Agent
  • Rental Property Investor
  • College Station, TX
969
Votes |
936
Posts

Question about 50/50 partnership LLCs and transferring titles.

Gregory Schwartz
Agent
  • Rental Property Investor
  • College Station, TX
Posted

I'll keep this short....

My partner and I own an LLC 50/50. The plan is to use this to hold up to 5 or so properties jointly.

 I used my 50% start up funding to purchase our first duplex. The mortgage and title is currently in my name.

What is the best way to transfer the title to the LLC?

I haven't spoken to a lawyer yet, I was hoping to get educated prior to that conversation.

Thanks

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Schwartz Realty Group
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