Rental Property Investor · Findlay, OH · Member since 2017 · 27 posts · 12 votes
7y
Transferring a property to an LLC would not help with property back taxes. The taxes follow the property not the owner. It would still be at risk of foreclosure.
Depends on the lien.... For example, mortgages have what's called a due on sale clause that stipulates the loan may be called due if the owner is transferred. But even if you can, the lien will likely hold its priority to the property. Even after transfer the lien holder would have equitable right to any sales proceeds.