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Updated over 5 years ago on . Most recent reply

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Saxxon Rybski
21
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Moving a property into my llc

Saxxon Rybski
Posted

The process is probably really simple and im just over thinking it. I seem to be having a little difficulty in finding a quitclaim deed form to transfer my rental llc. 

Do i need  to make a business bank account before I can make the transfer?

any help or advice would be appreciated!

Thanks 

Most Popular Reply

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Ned Carey
  • Investor
  • Baltimore, MD
12,718
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Saxxon Rybski no you do not need to have a bank account before the transfer but you will need a bank account. A real business has a bank account. If your LLC does not have a bank account, the protection of the LLC could be pierced as any real business needs a bank account

It sounds like you want to do this yourself. Don't be cheap, Pay an attorney to record your deed and give you title insurance. 

  • Ned Carey
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