All Forum Posts by: Mohan Deep

 Hi - I am not sure I follow your response. 

@Harjeet Bhatti - Does number 10 include a commercial mortgage as well? I have 9 conventional mortages and 1 commercial mortgage and am unsure if a commercial mortgage is considered a conventional one. 

 Hi @Rebecca Knox - How can I get the Brew City discount for the WLB? I am looking to buy those forms instead of the paper copies as I do electronic leases. 

I am wondering if instead of moving rental property from my personal name to LLC, I should just move it into the trust directly?

Hey BP community - I bought some rental properties under our personal name and now as part of the estate planning process, I am reading/hearing that I should move these properties to an LLC and move that LLC into the trust. I know that changing the ownership in City Tax Records is relatively straightforward but I did take conventional loans on these properties.

I am concerned that the bank may have an issue with me changing the title in city tax records from my personal name "John Smith" to "JS LLC"? At the same time, I am sure I cannot be the only one in this predicament, and wanted to ask you all out there to see how you have managed this situation? Thanks in advance!