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Updated almost 2 years ago on .
Transfering Property to Company - Basic Questions
Hi Community,
I would like to ask about transferring a property from personal to a company to better protect on a personal level and the other assets. My main question is how it would be this process and if it’s doable without refinancing when the property has a mortgage loan.
Additional questions are:
- For rental purposes, which is the legal entity that best fits?
- If there’s several properties, is the best option having each property under one company?
- What’s the best workflow for tax purposes?
- Can I make a parent company that owns all of them in a State that doesn’t disclose the final company ownership?
I know this is a topic that’s been widely discussed, and I’ve done some research before posting. However, any insights would be greatly appreciated as I’ve never tackled this matter.
Thank you,
EDI