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re: Transfer of rental property to an LLC
Posted on 4/30/13 at 2:10 pm to meldawg399
Posted on 4/30/13 at 2:10 pm to meldawg399
Do not transfer the property to the LLC unless you have written authority from the bank to do so.
I have recently seen someone do this and had his loan called. He ultimately lost his property.
I have recently seen someone do this and had his loan called. He ultimately lost his property.
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