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All Forum Posts by: Saurabh Mehta

Saurabh Mehta has started 3 posts and replied 11 times.

Tax, SDIRAs & Cost Segregation

Post: Can I move my property under the LLC?

Saurabh MehtaPosted
  • Burlington, NJ
  • Posts 11
  • Votes 1

I am a newbie investor and bought a duplex under my name with a mortgage.

I was told by my lender that I could not have obtained a loan under LLC.

Now, I would like to move that property under LLC to protect my assets. What steps do I need to take? Would this affect my current mortgage? Do I have to pay a higher premium for my insurance?

Thank you BP community.

0 Votes