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Updated over 5 years ago on . Most recent reply

Vivek Shah's profile image
Vivek Shah's profile image
Vivek Shah
  • from Cary, North Carolina
  • Member since Nov 18, 2017
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Vivek Shah's profile image
Vivek Shah's profile image
Vivek Shah
  • from Cary, North Carolina
  • Member since Nov 18, 2017
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Vivek Shah
  • Cary, NC
25
Votes |
34
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Tax, SDIRAs & Cost Segregation

How to get your properties into LLCs legally

Vivek Shah
  • Cary, NC
Posted

I'm wanting to move my properties into an LLC, but my properties still have mortgages with banks. What is the worlds advice on moving them over legally? Does everyone actually wait until the mortgage is paid off?

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Caleb Heimsoth's profile image
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Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016
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Caleb Heimsoth's profile image
Caleb Heimsoth's profile image
Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

@Vivek Shah a title company can do this for you. I know one in memphis who will do this for 50 bucks a property. Very easy. A CPA wouldn’t be the right person to do this

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