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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 3 times.

Post: Basic LLC start-up questions

Account ClosedPosted
  • Investor
  • Englewood, CO
  • Posts 6
  • Votes 0

Bryan,

Appreciate the input.  I will comb through my mtg.

Thanks,

Jared

Post: Basic LLC start-up questions

Account ClosedPosted
  • Investor
  • Englewood, CO
  • Posts 6
  • Votes 0

Thank You both for your responses.

Post: Basic LLC start-up questions

Account ClosedPosted
  • Investor
  • Englewood, CO
  • Posts 6
  • Votes 0

Hi All,

My wife and I have recently decided to rent out our house. We have gone through the necessary steps of creating an LLC, Quit Claiming the property into the LLC but I still have a few lingering questions. As a general background our intention is try and rope in corporate type rentals, ideally we are looking at 3 month terms. My questions are:

1) Is it generally common practice to put the note on the residence into the LLC? If so, is there a quick and easy way to do this (similar to a Quit Claim in the title world).

2) Is it advisable to put all of our bills into the LLC name?

Thanks in advance for any advice.

Cheers!

Jared