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LLC vs Owning in my name- Legal Advise
I am in the process of purchasing my second rental property in Phoenix AZ, I currently have one in Myrtle Beach SC. I have an LLC set up in SC but it is set up as a Partnership as I split the first rental with a partner. How would it work if I was thinking of putting the AZ property into the same LLC but was not going into this deal with a partner. IF the deed of the property lies with the LLC would this other partner own equity in the property ?