Move property to LLC?
Wife and I turned our first home into a rental. It's still in our name. Going great for 4+ years now. No issues. But now we are considering increasing our real estate portfolio.
Think that we'll go down the LLC route. Having said that - do you have any recommendations around moving that first home over to our LLC? Should we? Advantages/Disadvantages? Difficult to move it?
Thanks! Love reading the forums here. Learning a TON in a short period of time!