George4Tacks
Level 15
01-06-2022
09:58 AM
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My attorney - Google - found this article https://www.legalnature.com/guides/how-to-use-an-llc-for-rental-property that says you must change the deed on the property and that might get the lender excited. Possibly the client can refinance their personal home to pay off this rental and use the tracing rules to cover the loan on the rental.
Answers are easy. Questions are hard!