start LLC for first rental? Transfer of $$ to llc?
I have a few ?s regarding business entities and purchasing properties in the business name.
1. What type of business entity should I start for rentals ? Im guessing llc ? and why?
2. How do I get a conventional 30 year loan or something similar from bank into business name to protect personal assets?
3. I have 75k in personal savings account that I want to use to invest with, what is the best way to give that to new company without many headaches or what are some concerns when transferring the money ?