Two LLCs own one property?

[Yinan Q.]

My partner and i are planning to buy a property. We each have our own LLCs. I am wondering  if we can fund the property with our LLCs 50:50? 

In other words, can a property be owned by two LLCs? This way we don't have to form another LLC and all paperwork and band account associated with that LLC.

[Jerry W.]

Yes, I assume you will use tenants in common hehe.