Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

107
Posts
15
Votes
Ryan Bird
15
Votes |
107
Posts

Transferring to LLC - Void of Title Warranty

Ryan Bird
Posted

I'm seeing conflicting posts regarding quit claim deed transfer to owner's LLC triggering a loss of title insurance so thought I will post this again.

This is a property bought under both mine and my wife's name. I created an LLC (myself as single member) and now I want to transfer property to LLC through quit claim deed. Few questions -

Will this cause any issue with title insurance and make it void? Who can confirm - the attorney or title company?

What are the steps to take once I start the LLC. Bank account, current home owners insurance etc.

What are the good steps (checklist) to ensure there are no co-mingling and avoid piercing the corporate veil? 

Do I need CPAs even though it's a single member LLC?

Loading replies...