Updated about 6 years ago on . Most recent reply
Transferring personal house to an LLC
I live in the Las Vegas area and planning on renting out my house. Is it possible to transfer the property into an LLC despite having a mortgage on it? Any advice is much appreciated!
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John Underwood
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
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Are you planning on doing something shady where you will need to be protected?
If not you have a mortgage and insurance already. Make sure to change you insurance to a Landlord policy.
These are 2 layers of protection. You likely don't need more.
Take care of your property and your tenants and you shouldn't have to worry.