Some lenders may allow it, while others may require refinancing.Quit claim deed: This is typically how you'd transfer the property to an LLC, but only do this after getting lender approval.Alternative to LLC:Consider an umbrella insurance policy, which can provide additional liability protection without the complexities of an LLC.Tax considerations:Consult with a tax professional about deductions available for rental properties.Be aware of potential capital gains tax implications if you sell the property in the future.Estate planning:Consider setting up a living trust to hold the property.

Ask the questions in the attached article to get to an experienced asset protection attorney, not just an attorney who has taken a few CLE courses and is dipping his toes in this complex field.

Needs some general thoughts and inputs on this deal: 12-unit apartment all 1Bed/1Bath, 2 buildings (within the same complex), built 1965 and 1974, listed in April 2024, listing shows it is 100% occupied, but found some recent listing for rent for some of the units for $595/month. 

Depending on where you're located, an ocean view can significantly boost value.The best comps will be model matches of your unit within the complex. 

@Namit RaisuranaDepends on your preferences and situation of course, but seems as though you've set up a fairly complex structure with somewhat pricey ongoing maintenance costs. 

There are some crazy, super complex strategies that could theoretically work, but it's a long shot.

Prices depend on the complexity of your fund and the attorney's expertise.6.

I am looking at a complex to invest in with 18 units that are fully occupied.

I have partial ownership of an apartment complex in the Bay Area so there's rent control which limits cash flow but it's still performing well. 

This is 20-unit MF quadplex complex in Triad area (Winston-Salem, Greensboro, High Point).