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Updated 8 months ago on . Most recent reply
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How to transfer title for my rental property from me to my LLC?
Hi friends from the forum. I recently purchased my first rental house in Woodstock, GA. Small 3 bed 2 bath. Currently under renovation. My questions is when I purchased the house I used my own name. I heard using my own name is easier to get approved for loan and having lower rate. Now the house is closed and almost ready for renter, I set up a LLC in GA. How to transfer my property from my name to the LLC legally for max protection and minimum cost?? Please help!!
TIA
Most Popular Reply
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Did you know you can just get a large liability insurance policy, and a personal umbrella policy? I have such that covers me @ $4 mill per property. I can't see any type of gross negligence on my part that would wipe out more than that in a lawsuit.
- JD Martin
- Podcast Guest on Show #243
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