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Updated over 6 years ago on . Most recent reply

Michael S.'s profile image
Michael S.'s profile image
Michael S.
  • Rental Property Investor
  • from Dayton, OH
  • Member since Aug 3, 2011

User Stats

54
Posts
12
Votes
Michael S.'s profile image
Michael S.'s profile image
Michael S.
  • Rental Property Investor
  • from Dayton, OH
  • Member since Aug 3, 2011
Michael S.
  • Rental Property Investor
  • Dayton, OH
12
Votes |
54
Posts
Buying & Selling Real Estate

Rentals/Flips -- Taking Title

Michael S.
  • Rental Property Investor
  • Dayton, OH
Posted

What's the best way to take title on flips and rentals?

On our rentals that we have taken out mortgages on we are planning to change title over to our LLC, but should we create a separate LLC for our rentals? For example:

XYZ LLC -- Flip homes using this one

XYZ RENTAL PROPERTIES, LLC -- Transfer our rentals to this one and use to buy future rentals

Thanks!

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