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Brandi T
  • Real Estate Investor
  • Colorado
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Name of LLC - Possible two?

Brandi T
  • Real Estate Investor
  • Colorado
Posted Aug 3 2008, 10:44

I'm getting ready to set up the LLC that will hold the rental properties that we fix up and keep. I recently read an article that advised against using the words investment, property, real estate, etc in the LLC's name - is there an opinion out there about that?

Also, is there any reason to have an LLC that holds the properties and one that manages the properties (collects rent, etc)?

When you QC the deed into the LLC's name what happens on the mortgage - does it stay in our name?

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