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Updated almost 7 years ago on . Most recent reply

Ken Wang's profile image
Ken Wang's profile image
Ken Wang
  • Rental Property Investor
  • from Laurel, MD
  • Member since Jan 29, 2017
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Ken Wang's profile image
Ken Wang's profile image
Ken Wang
  • Rental Property Investor
  • from Laurel, MD
  • Member since Jan 29, 2017
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Ken Wang
  • Rental Property Investor
  • Laurel, MD
37
Votes |
176
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Maryland Real Estate Q&A Discussion Forum

Transfer personal assest to LLC

Ken Wang
  • Rental Property Investor
  • Laurel, MD
Posted

Dear All,

I am in the process of closing a deal in Maryland. I have been buying property under my name, and don't have LLC set up yet. I wonder if I want to transfer the property I am buying under personal loan to LLC. What is the process? or if anyone, could point me to the right resources explaining the process or introduce me to the right person whom I can talk to. I REALLY appreciate the feedback!

Sincerely,

Ken

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Daria B.
  • Rental Property Investor
  • from Gainesville, FL
  • Member since May 7, 2015
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Daria B.
  • Rental Property Investor
  • from Gainesville, FL
  • Member since May 7, 2015
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Daria B.
  • Rental Property Investor
  • Gainesville, FL
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Daria B.
  • Rental Property Investor
  • Gainesville, FL
Replied

Hi @Ken Wang

What @Costin I. said, which is why I mentioned getting to understand both - they work together when implemented correctly.

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