Hello. This is my first time posting and I wanted to see if someone could help point me in the right direction. I am going to be taking over managing 3 properties my parents currently have. They have done it as a mom and pop operation for years now but looking to be less active and allow my self and my sister to make it grow. I want to put our names on the deeds, create and LLC and move the properties into the LLC. We will then use the equity in the homes to borrow against and build the portfolio. I have questions on how being added to these deeds and creating the LLC will impact my taxes and other liabilities like child support but I am not sure if I need to talk to a CPA about this or a lawyer. If anyone could point me in the right direction that would be a big help. Thank you
