We have a rental property(A) we purchased in Florida. It was cash deal and titled and deed to our family trust formed in California. We have a property B under my name that we would like to put it in LLC we formed recently. What to do? (no loans involved for either properties.)
1) Want to protect property A: Should we transfer it to LLC?
2) If "yes" to question 1, Should we do a Quit Claim Deed? Or Warranty Deed?
3) Property B is under my name, I would like to transfer it to this LLC to minimize the liability. Which one should i do? Quit Claim Deed or Warranty Deed?
4) We'd like to make sure that all rental properties (if resolved) to go under the Family Trust
How do we ensure that if something happened to us.
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