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Updated about 4 years ago on . Most recent reply

Diego Zambrano's profile image
Diego Zambrano's profile image
Diego Zambrano
  • Investor
  • from Nashville, TN
  • Member since Jun 10, 2020
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Diego Zambrano's profile image
Diego Zambrano's profile image
Diego Zambrano
  • Investor
  • from Nashville, TN
  • Member since Jun 10, 2020
Connect
Diego Zambrano
  • Investor
  • Nashville, TN
1
Votes |
11
Posts
Tax, SDIRAs & Cost Segregation

Transfer property to LLC

Diego Zambrano
  • Investor
  • Nashville, TN
Posted

I've heard contradicting information on the feasibility of moving a property from a person to an LLC controlled by that person if the property has a mortgage loan on it. Anyone have any insight or information they can share about this?

I've heard anything from " a lawyer can easily transfer it to an llc" to " if the bank catches on they will immediate call your loan due" 

any insight would be helpful. Thanks

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