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Updated 8 days ago on . Most recent reply

User Stats

44
Posts
19
Votes
Trevor Neale
  • Rental Property Investor
  • Newark, NJ
19
Votes |
44
Posts

How to change title using your personal name to LLC?

Trevor Neale
  • Rental Property Investor
  • Newark, NJ
Posted

What is the procedure of changing your investment property to a LLC to protect you ?

Most Popular Reply

User Stats

20,018
Posts
17,615
Votes
Chris Seveney
  • Investor
  • Virginia
17,615
Votes |
20,018
Posts
Chris Seveney
  • Investor
  • Virginia
ModeratorReplied
Quote from @Devin Peterson:
Quote from @Trevor Neale:

What is the procedure of changing your investment property to a LLC to protect you ?

 @Chris Seveney Here we are again! - Trevor, there is a common misconception to this notion. I must have seen Chris answer this two dozen times over, and he does a real good job at it. That being said, if you wanted to change title for any reason you can try with a quit claim deed at your local attorney or title office. Just make sure the lender who holds the note doesn't have any rules around acceleration clauses in their loan covenants. Good luck!


 HAHA if I did not answer this question in the past my 18,530 posts would only be 530 posts. 

  • Chris Seveney
business profile image
7e investments
5.0 stars
2 Reviews

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