Using a Quit Claim Deed to Transfer Properties Into an LLC | Morris Invest

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Jay has three rental properties that he's thinking about transferring into an LLC. Should he use a quit claim deed?

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What You Should Know About Transferring Properties Into an LLC
I’m not a lawyer or CPA, but here’s what I know from working with intelligent professionals: it’s in your best interest to put your rental properties in an LLC as a long-term strategy. If your financing situation requires that you buy an investment in your own name, typically that’s fine. But long-term, you’ll likely want to transfer for liability purposes. I would suggest reaching out to a real estate lawyer or our friends at Corporate Direct (https://morrisinvest.com/LLC) to discuss your personal situation and strategy.
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About Clayton Morris:
As a financial news host and real estate investor, Clayton Morris believes that everyone has the right and the ability to achieve financial freedom – and works to help others to know how to do so. Clayton founded Morris Invest that builds portfolios for their clients and guides them through the buying process, ensuring cash-flowing investments. In his podcast, Investing in Real Estate with Clayton Morris, he offers specific and actionable ways to have financial security and to build a meaningful life. Clayton Morris co-hosts Redacted with his wife, Natali, bringing you news you won’t hear on major networks.

Website- https://morrisinvest.com/
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