transfer tax from s corp to multi member LLC

[Edward Park]

Hi everyone,

I have a unique situation wherein we placed 3 properties (all located in maryland, baltimore city) into an S corp and looking to transfer at least 2 of the properties out of the LLC into a multi-member LLC partnership.

1)  are we subject to transfer taxes or fees for the transferring?

2)  if so, what are the fees involved?

3)  do you recommend a tax attorney that can help us do this process?

Thanks in advance.

-   Edward