Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

2
Posts
2
Votes

Duplex Q's- LLC not on the Deed, OK?

Tifany Rubalcaba
Posted

Hey BP community!

I'm in the process of creating an LLC to add it to my duplex (I rent one side and live in the other). I plan on holding this property for a very long time, but I'll most likely move in a year or two to a different state. Which is why I want to leave the two duplex units under an LLC to cover myself.

I have a private loan and they are against of switching the duplex loan, currently under my name to the LLC.

Would I be covered (if something were to happen, accident, sue, etc..) if the duplex rental lease is under the LLC, but not in the deed and the loan? or what would be the best move to do in these future long distance two rentals?

TIA!

Loading replies...