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All Forum Posts by: Ashok Aletty

Ashok Aletty has started 1 posts and replied 2 times.

Post: Transferring property to a LLC

Ashok AlettyPosted
  • Real Estate Professional
  • San Ramon, CA
  • Posts 2
  • Votes 0

Thanks @Account Closed. 

Jim, I will reach out to you separately.

Post: Transferring property to a LLC

Ashok AlettyPosted
  • Real Estate Professional
  • San Ramon, CA
  • Posts 2
  • Votes 0

Hello,

I bought a condo last year and financed it under my name. I had read that it made sense to have the rental property in a LLC to minimize liability. What's the best way to accomplish this now and what are the implications for the loan? I guess I need to talk to an RE attorney. Can someone recommend a good attorney in the San Francisco bay area? Also, I am looking for a CPA recommendation as well.

Thanks for your help.