All Forum Posts by: William Michael
William Michael has started 1 posts and replied 2 times.
Post: Transferring rental property to llc
William MichaelPosted
- Posts 3
- Votes 0
With that being said what would be best way to obtain another property to have as a residence without selling off rental properties.
Post: Transferring rental property to llc
William MichaelPosted
- Posts 3
- Votes 0
I have two rental properties and am trying to buy a home for my family. Make 12k a month but have 4k in debt with the rentals being 3k of the debt. I started a llc for the rentals but was curious on how I can transfer rentals into my newly started llc to free up some of the debt to income to be able to buy a home for family.