Real Estate News & Current Events
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
How to transfer a rental property title to an LLC
Hello,
I have come across a little bit of conflicting information regarding transferring rental property deeds to an LLC. I currently rent out a property that was my previous primary residence and have created an LLC. I plan to speak to my mortgage company and see what options I have to transfer the deed to my LLC. My question is, if the mortgage company does not allow me to transfer title, what other steps can I take? I would really like to avoid refinancing the property, due to the terms of the mortgage being that of a primary residence (30 year term, 3.65% interest).