Transferring airbnb to LLC questions

[Matt Smith]

I have recently listed my old primary residence on airbnb. The deed is still in my name, and I want to transfer it to my LLC. I still have a balance on that loan, and I have been told I would have to refinance in order to transfer to my LLC. I do NOT want to do that cosidering my PITI. However, I also dont want the property listed in my name for liability concerns. Would the bank also call the loan due if I transferred out of my name? Thanks

[Zach Edelman]

You should be able to transfer the property to an LLC without refinancing. There could be a transfer tax though depending on where the property is.