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Updated about 5 years ago on . Most recent reply

User Stats

29
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13
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Justin Walters
  • Rental Property Investor
  • Charlotte Hall, MD
13
Votes |
29
Posts

Switching over to LLC - Toledo, OH

Justin Walters
  • Rental Property Investor
  • Charlotte Hall, MD
Posted

We currently own two rental properties in Ohio (two separate counties) outright and recently started our LLC. Couple questions:

How much of a lift is it to switch the titles over to the LLC from my name?

I am assuming there are fees associated with that so also curious what those fees would look like?

Should each property be under its own LLC? One property is a SFH valued at $120k and a duplex valued around $50k

Any insight into this would be greatly appreciated.

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