我search了很久,還是沒能從tzlc舊帖中找到答案(所有答案都是2年以前的)
I bought an investment property and want to rent it out. My lender know that it is for investment purpose. To reduce my risk, in addition to rental/umbrella insurance, I am thinking to create a LLC to hold this. I applied and got the home mortgage using my own credit in my name, can I do a quit claim deed to move this property to my LLC? Will the lender/bank be OK with that?
I understand that in some states, simpling creating LLC won't 100% guarantee you free of liability from that rental property, some judges will piece the veil of the corporation and seek the LLC officer personal liability in some litigation, but it seems it does not cost too much to create and operate a LLC in my place. So I want to create a LLC anyway. But I want to know if there is any disadvantage to create a LLC to hold an investment?
thanks!
