Quitclaim LLC to family property
Hello BP,
I have an elderly mother that my wife and I are caring for, so last year we moved into her home and started to renovate it. We planned to buy a new home at first but decided to fix my mothers home up, purchase a new home where we all would live and rent out the newly renovated home.
My mother wants to add us to the deed so, I wanted to know if my wife and I formed an LLC would we be able to add it to the
Deed or would it have to be added in our names only? The home currently has a mortgage so I know that may pose an issue with the
mortgage company.