Does the deed of the rental property have to be in the name of the LLC?
Estate Planning and Asset Protection for Rental Property Owners
Does the deed of the rental property have to be in the name of the LLC? What if your principal home is still with a mortgage? How does this document affect the living trust?
Question ID: 6603937 Status:
Open Feb 19, 2025 - 12:30 PM
1answer
Answer
Feb 19, 2025 - 12:30 PM
The deed of a rental property absolutely needs to be funded or retitled into the name of the LLC. So the LLC is the owner on title. So you need to confirm for operating purposes and asset protection purposes that the LLC has authority over this asset.
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