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Updated over 1 year ago,
LLC for Rental/Business w/ Mortgage and Property in Personal Name
I just listened to this podcast episode: https://www.biggerpockets.com/...
Ryan mentioned that he has his mortgage in his own name but uses an LLC for the "rental business" aspect of income and expenses. He did not mention if he had transferred the Title into the LLC.
Is this possible? Does it make sense (and afford the same protection) if the mortgage and title are in a personal name but the rental business is operated through an LLC? Anyone have experience or thoughts on this?