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Updated over 6 years ago, 08/31/2018
Converting properties to LLC
Hi All,
Just like many of you, I am new to BP. I have two rental properties in California on my name and one thing on my mind is liability. What does the process look like if I want to convert the rental units to be owned by an LLC? Where can I find some more information? Is it a problem if one of the properties I have was acquired using a 1031 exchange? Any help would be appreciated!
Thanks,
Rudy