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Tax, SDIRAs & Cost Segregation

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Gregory Schwartz
  • Rental Property Investor
  • College Station, TX
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Question about 50/50 partnership LLCs and transferring titles.

Gregory Schwartz
  • Rental Property Investor
  • College Station, TX
Posted Mar 6 2019, 14:12

I'll keep this short....

My partner and I own an LLC 50/50. The plan is to use this to hold up to 5 or so properties jointly.

 I used my 50% start up funding to purchase our first duplex. The mortgage and title is currently in my name.

What is the best way to transfer the title to the LLC?

I haven't spoken to a lawyer yet, I was hoping to get educated prior to that conversation.

Thanks

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