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How do I start a LLC and transferr my investment property to it.?

Hello, How do I start a LLC and transferr my investment property to it? I live in California and this is were my investmet property is. Please help. thanks in advanced.

Public Comments

  1. all the teachers suggest that you do what you are doing; not sure why--good old biz insurance will provide the same protection. regardless, apply to the corp commission of CA and fill out their single page doc for an LLC; send a copy to a general circ newspaper for 4, single runs, one time a week for 4 weeks. at the end, [this will be a legal announcement] the newspaper will send proof of the publishing and you will have your completed LLC.] before you do all this, make sure your lender will permit it; cause it is one way OTHERWISE, of accelerating your mortgage.
  2. You are simply transferring the title from your name to the LLC name. It shouldn't affect your mortgage as you still must pay it. What an LLC does is shield the ownership a bit and protects it in the event of a lawsuit against you or your other properities, In any event, get professional local advice to cover yourself.
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