Investor · Franklin, IN · Member since 2016 · 46 posts · 12 votes
When I originally purchased a rental home, I quitclaimed it to my LLC. I have subsequently refinanced in my name. The point of the LLC to some extent was protection. Do I quitclaim back into the original LLC or create new LLC as folks could follow chain of title pretty easily. Any experienced commentary greatly appreciated. Thanks.
Realtor and Investor · Scottsdale, AZ · Member since 2017 · 1k+ posts · 1k+ votes
8y
I don't think it makes any difference. If you are concerned about it, establish a new LLC for the property, and use the old LLC for a different property. I wouldn't trash the old LLC altogether. I don't think there's a need for that.