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Updated almost 5 years ago on . Most recent reply

Justin Walters's profile image
Justin Walters's profile image
Justin Walters
  • Rental Property Investor
  • from Charlotte Hall, MD
  • Member since Feb 17, 2020
  • Posts 29
  • Votes 13
  • Experience 19 Yrs
  • Investments 7
Connect

User Stats

29
Posts
13
Votes
Justin Walters's profile image
Justin Walters's profile image
Justin Walters
  • Rental Property Investor
  • from Charlotte Hall, MD
  • Member since Feb 17, 2020
  • Posts 29
  • Votes 13
  • Experience 19 Yrs
  • Investments 7
Connect
Justin Walters
  • Rental Property Investor
  • Charlotte Hall, MD
13
Votes |
29
Posts
General Landlording & Rental Properties

Switching over to LLC - Toledo, OH

Justin Walters
  • Rental Property Investor
  • Charlotte Hall, MD
Posted

We currently own two rental properties in Ohio (two separate counties) outright and recently started our LLC. Couple questions:

How much of a lift is it to switch the titles over to the LLC from my name?

I am assuming there are fees associated with that so also curious what those fees would look like?

Should each property be under its own LLC? One property is a SFH valued at $120k and a duplex valued around $50k

Any insight into this would be greatly appreciated.

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