If you own a rental property, you can transfer it to a limited liability company (LLC). You may already have an LLC or need to start one, but either ...

Carolyn Young
Carolyn Young
Expertise
Entrepreneurship education, business management, business strategy
Currently
Senior Business Writer
Education
Bachelor's degree in Finance, The Ohio State University
Carolyn Young has over 25 years of experience in business in various roles, including bank management, marketing management, and business education.
She has written business plans for companies with complex products and business models, including a technology company that built a search engine optimization tool, a biotechnology company, and an online marketplace. She has helped several startup companies get off the ground.
She is the author of several entrepreneurship textbooks, and she created related entrepreneurship curriculum that has been taught in universities internationally. Titles include Introduction to Entrepreneurship, Social Entrepreneurship, Entrepreneurial Finance, and Lean Accelerator. The textbooks were part of an online learning platform designed for high school and college students. She was the Direct of Product Development for the company, Venture Highway, that launched the platform.
Carolyn also has expertise in financial business writing, with numerous financial whitepapers under her belt, as well as a technical manual for Chief Financial Officers.
She has been a freelance business writer for over ten years and has a bachelor’s degree in Finance from The Ohio State University. She is also the author of a novel, The Perfect View.
Recent articles

How to Transfer Rental Property to an LLC
Carolyn Young
Published on June 6, 2023
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How to Protect Your Assets as an LLC Owner
Carolyn Young
Published on June 6, 2023
Many entrepreneurs form a limited liability company (LLC) for their new business because of its many benefits, such as liability protection. An LLCi ...
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What is an L3C (Low-Profit Limited Liability Company)?
Carolyn Young
Published on June 6, 2023
A low-profit limited liability company, known as an L3C, is essentially a combination of a limited liability company (LLC) and a non-profit. Thegoal ...
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Do You Need an LLC to Do Wholesale Real Estate?
Carolyn Young
Published on June 6, 2023
Many new business owners choose to form a limited liability company (LLC) because it’s an entity type that offers significant benefits. Forexample ...
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How Long Does an LLC Last?
Carolyn Young
Published on June 6, 2023
If you’re considering forming a limited liability company (LLC), you may wonder how long the company will last. Hopefully, it will be a massivesuc ...
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What Is an LLC Resolution?
Carolyn Young
Published on June 6, 2023
With a limited liability company (LLC), members regularly need to vote on specific actions or decisions. Following each vote, it’s important todra ...
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How To Sign Documents on Behalf of an LLC
Carolyn Young
Published on June 6, 2023
For a business, it’s important to know who can sign on behalf of an LLC. The LLC owners, or members, are able to sign. Who else might beauthorized ...
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Does a Single Member LLC Need an EIN?
Carolyn Young
Published on June 6, 2023
If you’re starting your own limited liability company (LLC), there are several key steps to follow after you form your single-member LLC with thes ...
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Do I Need an LLC for an Online Business?
Carolyn Young
Published on June 6, 2023
When starting a business, one of the first major decisions is choosing which type of business entity to form. For example, if you’re the soleowner ...
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