I think if you had to put in some sort of protection or guarantee to the homeowner that events like this would not happen, it would definitely help to ease their mind.

Transferring to a new LLC after the exchange is unnecessary unless you have a specific reason to do so (such as quirks in asset protection or state fees).

Again not saying the LLC is not the be all end all in personal asset protection or replaces a good insurance policy, but what David is describing sounds like you don't have ANY personal asset protection at all while holding title in a LLC.

Also, look through all the fine print of your AllState insurance to see where in there it says anything about not covering claims due to lack of "due diligence", "protection", or "insufficient inspection".

Question to current Home Owners, Has anyone put their home into an LLC or other kind of entity for asset protection or tax benefits ??

I've inherited properties, moved the deeds in my name, but the mortgages remains in father's name. If I put the properties in an LLC, my fear is it will trigger a due-on-sale clause. One is a homestead so I don't thin...

So not sure what protection or benefits this adds

I can see some liability protection (or at least anonymity protection) in having the company rent the property.

Have 3 properties including personal house in California, adding a
cash purchase of a 8-plex in Youngstown, Ohio in a month. Since I
already have a small side business for 6 years, I was thinking it would
be a ...

If it’s just the constant barrage of endless texts, just block his phone number.If it’s the texts + you’re worried that he might actually carry through with his threats or start showing up to places you’re at and force a physical confrontation, seek a civil restraining order/order of protection (or whatever they call the equivalent in Canada).