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Updated about 2 years ago on . Most recent reply
Second/Vacation Home Loan and Quit Claim Deed
Could you all please tell me if you all know if it is okay to use a second/vacation home loan and do a quit claim deed to an LLC to protect yourself when you are renting it out? Thanks in advance.
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
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- Rental Property Investor
- Tennessee Florida
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100% ask your lender. But I doubt it. Second homes aren’t for renting.