Goals, Business Plans & Entities
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago on . Most recent reply

Transferring real property to LLC in New Jersey
Hello, I'm looking to transfer my property, currently paid in full, into my LLC. I'm also the sole proprietorship of the LLC. I'm planning on using a quitclaim deed and I'm wondering if I can put $1.00 as the amount of the consideration or if I have to write down the full appraised value of the house? Thank you.