All Forum Posts by: Becca Buth
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Post: 1st time house hacker need advice- transitioning primary home to long term rental

Becca Buth
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Hello! I purchased an investment property last year using a regular home mortgage loan and have been living in it and renting out rooms on airbnb for over a year now. I'm ready to move and turn it into a long term rental. I'd love to get some advice on transitioning this to a rental property, getting it out of my name, etc. What has been your experience with moving a personal property into an LLC? Anything you wish you'd done differently?
I've been reading real estate books and listening to podcasts for years and have helped other investors manage their properties so this isn't all new to me but all the steps are a little overwhelming and I'm afraid I'm missing something!
Thanks!