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Updated over 8 years ago, 08/18/2016

Joe Thein's profile image
Joe Thein's profile image
Joe Thein
  • Rental Property Investor
  • from Atlantic Highlands NJ
  • Member since Aug 14, 2016
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Joe Thein's profile image
Joe Thein's profile image
Joe Thein
  • Rental Property Investor
  • from Atlantic Highlands NJ
  • Member since Aug 14, 2016
Connect
Joe Thein
  • Rental Property Investor
  • Atlantic Highlands NJ
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General Landlording & Rental Properties

Rent/Sublet property to LLC for liability protection

Joe Thein
  • Rental Property Investor
  • Atlantic Highlands NJ
Posted

I live in NJ with a property that I want to rent out that is mortgaged in my name. I understand that deeding my property to a LLC can trigger a due on sale clause on my mortgage. Question, can I rent/sublet my property to a LLC for liability protection? I would still have umbrella and property insurance, this would only be for something catastrophic.

Thanks

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