Duplex Q's- LLC not on the Deed, OK?
Hey BP community!
I'm in the process of creating an LLC to add it to my duplex (I rent one side and live in the other). I plan on holding this property for a very long time, but I'll most likely move in a year or two to a different state. Which is why I want to leave the two duplex units under an LLC to cover myself.
I have a private loan and they are against of switching the duplex loan, currently under my name to the LLC.
Would I be covered (if something were to happen, accident, sue, etc..) if the duplex rental lease is under the LLC, but not in the deed and the loan? or what would be the best move to do in these future long distance two rentals?
TIA!