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Updated over 3 years ago,
Inherited a condo should I rent as an LLC or under Personal
Hello All, I have recently inherited a condo in Florida from my late father I would like to rent it out. The only question I have before doing so is should I transfer title to an LLC. My main concern is protecting personal assets from liability. Also there is no mortgage on the property and I don't plan on refinancing anytime soon. So, I'm not to worried about getting a traditional mortgage or title insurance. And if anyone has been in the same situation is there anyone I can protect my personal assets from liability without transfer to an llc. Thanks