If you just bought the property and have valid lease agreements in place, then you might be able to count a portion of it.

It validated our in depth research.

One note - I would strongly recommend that you use a warranty deed to transfer ownership from you/your partner to the LLC and NOT a quit claim; use of a quit claim could invalidate any future title insurance claims.

@Russell Brazil that is a valid point.

I want to do a Warranty Deed instead of Quitclaim Deed, should I be looking for an attorney or Title company?

@Stephanie PieriThere are multiple answers on this topic already in the forum.You need to deed your property to the LLC (preferably a warranty deed).You will also have to change the name insured on the insurance to the LLC.Depending on your state and county it may trigger transfer tax and reassessment.

(just file a quick claim deed with the county or a warranty deed to be extra safe)  check with the title company this may effect your title insurance. 2.

My sister asked me to review her lease. She lives in Boston and this is an older 5-unit with hardwood floors. There is a note that requires her to cover approximately 80% of the hardwood floors. I understand the desir...

I am planning to transfer the title via warranty deed to an LLC  (which I wholly own) before I sell it.

Any advice on how to proceed here in order to get the agreement signed by the proper parties and property under a valid contract?