robotechno
New Member
- Jurisdiction
- Texas
Hi all -- first post here, so please be kind!
My father passed away and left myself and my brother behind. My father had a property that he loved and wanted to keep in the family, we're currently looking to rent it out to offset property taxes and recurring costs, but want to set everything up correctly. We eventually want this property to sit in an LLC jointly owned by my brother and I. We have already probated the estate.
Should I deed the property to myself and my brother first, then deed it again to the LLC? Or just deed directly to the LLC?
Thanks.
My father passed away and left myself and my brother behind. My father had a property that he loved and wanted to keep in the family, we're currently looking to rent it out to offset property taxes and recurring costs, but want to set everything up correctly. We eventually want this property to sit in an LLC jointly owned by my brother and I. We have already probated the estate.
Should I deed the property to myself and my brother first, then deed it again to the LLC? Or just deed directly to the LLC?
Thanks.