Should I Quitclaim or Warranty Deed to my LLC?

[Keith Andrews]

This is my forum post. Over the last year I have purchased via traditional financing, rehabbed, and successfully rented out several properties. While these properties are owned by me personally my LLC manages them… All rents and expenses funnel through the LLC. My personal goal this year is to have 5 rentals under my belt. I'm at a point now where I think I should better protect myself and as the cash flow begins to increase I'd like to maximize my tax benefits by fully transferring over the property titles to my LLC. I know that this could cause a due on sale to kick in from the banks that currently hold the mortgage, but outside of that what is the best type of transfer to maximize my protection and to also allow me to begin from an accounting standpoint fully running everything through the LLC?

Looking forward to some experienced advice. Thanks!