how to start an llc for rental property

[DelAlexander]

To start an LLC for a rental property, you must first choose a business name and a registered agent, then file the "Articles of Organization" with your state. Next, you'll need to create an operating agreement, get an Employer Identification Number (EIN) from the IRS, and open a dedicated business bank account. Finally, you'll need to transfer the property deed into the LLC's name and update your insurance and lease agreements accordingly.