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HomeForumsStarting OutWisconsin LLC for Rental Property
Mitch Jorgensen's profile image
Mitch Jorgensen's profile image
Mitch Jorgensen
  • Investor
  • from Wauwatosa, WI
  • Member since Feb 5, 2018
  • Posts 8
  • Votes 3
  • Experience 6 Yrs
  • Investments 1
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8
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Mitch Jorgensen's profile image
Mitch Jorgensen's profile image
Mitch Jorgensen
  • Investor
  • from Wauwatosa, WI
  • Member since Feb 5, 2018
  • Posts 8
  • Votes 3
  • Experience 6 Yrs
  • Investments 1
Connect
Mitch Jorgensen
  • Investor
  • Wauwatosa, WI
3
Votes |
8
Posts
Starting Out

Wisconsin LLC for Rental Property

Mitch Jorgensen
  • Investor
  • Wauwatosa, WI
Posted Jan 20 2020, 07:04

Hello All!

I am currently house-hacking a duplex and plan to purchase another in my area within the next 6 months. I would like to understand the steps behind setting up a LLC.

- What is needed to register an LLC in Wisconsin?

- What is the process behind transferring the ownership of a property (owned by me) to the LLC once it is created?

- If I plan to purchase other properties in the future, how should I structure my LLC? Should there be multiple LLCs for each property with one overarching 'Master' LLC?

Any feedback would be appreciated - I am just starting to research this topic. 

Thank you! 

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