Brooklyn, NY · Member since 2017 · 4 posts · 1 vote
Hi
My partners and I are looking at an investment property that has a 4% xfer tax to be split by the buyer and seller. We are going to do a quit claim deed and move the property to a LLC after close (aware of DOS clauses). My question is, after we move the deed to the LLC, would we have to pay the transfer tax AGAIN?