Should I transfer my rental to an LLC before my trust? | NC

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Q: If I decide to use an LLC for the rental, should I transfer the property into the LLC before putting it into the trust? A: Usually, yes. If the goal is for the L L C to be the owner on the land records, the cleanest setup is to deed the rental property into the L L C first—then put the L L C ownership interest, called the membership interest, into your revocable living trust. That way, the L…