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Updated over 4 years ago on . Most recent reply

Shaun Inniss's profile image
Shaun Inniss's profile image
Shaun Inniss
  • Rental Property Investor
  • from Houston, TX
  • Member since Dec 5, 2019
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Shaun Inniss's profile image
Shaun Inniss's profile image
Shaun Inniss
  • Rental Property Investor
  • from Houston, TX
  • Member since Dec 5, 2019
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Shaun Inniss
  • Rental Property Investor
  • Houston, TX
8
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10
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Real Estate Deal Analysis & Advice

Transfer Investment to LLC

Shaun Inniss
  • Rental Property Investor
  • Houston, TX
Posted

Hello,

Is anybody familiar with how to transfer an investment property from your personal name over into an LLC?

Thanks

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David M.
  • from Morris County, NJ
  • Member since Jan 26, 2020
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David M.
  • Morris County, NJ
Replied

@Shaun Inniss @Bonnie Low

Here are a bunch of prior threads on the topic.

The cleanest way is to form the llc, deed the Title over (perhaps preferably with a warranty deed to maintain the Title Insurance), and refinance into a commercial loan. While there are lots of ways investors have done it, as you can see from the threads there is potential risk with not bring everything under the auspices of the LLC. Ms. Low should take care to read the portions about CA and its $800 annual charge per LLC, regardless there the LLC is formed/registered.

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