How hard/easy to transfer your investment property to an LLC? Many people recommended me this and i wanna transfer to llc now

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Do you have a mortgage? If not, it’s super easy. If so, there’s a chance that doing a quit claim deed will trigger the mortgage due clause, but it’s very rare that a lender would make that call.

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I used a real estate lawyer (the kind that assists you with closings when you sell or buy any home). It's simply a deed transfer, which happens on the same day, and cost me about $350 per property. Other than that, you have to get the LLC added to your rental insurance.

D1, so far all 4 are in 1 LLC. I know a lot of people do multiple or even 1 per, but that also means more costs such as registration, tax filing etc.

PWC1 did you buy as second homes or as investment properties to start? I’ve heard of challenges when people bought as second homes and got better financing and then tried to go the LLC route which triggered it being an investment property.

Yes

PWC1 - did you get accelerated depreciation (cost segregation) on these properties? Planning to start buying rentals for this reason but would like to get some insights.

I recently did a cost segregation on my two properties. It was about $8300 total for both including the 3115 forms. Upfront depreciation was significant and will have a very notable impact on taxes this year and next year at least.

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