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12/27/10, 10:06 am

Legal Question

I have an investment property and a LLC. The investment property is held in my name, not the name of the LLC. I was told that in order to protect my own personal libability, the investment property must be in the name of the LLC. Is that true? Thanks so much.

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Absolutely. If you need help transferring it to the LLC, email me at jeffrey@jeffreycogan.com....

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Answered By:

Jeffrey Cogan

An LLC limits liability related to the property to the asset value of the LLC. However, if your interest in the LLC is ...

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Answered By:

James Smith

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