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Updated about 2 years ago,
Transferring personal SFH Title to SMLLC
What is your experience and heads up on doing this?
Do we sell the SFH to our own SMLLC , if so do we sell for county/city appraised value on their records? or market value?
or do we just submit the transfer document and that's that.
I learned about possible transfer tax, that's part two, does this tax truly applies if you are transferring the SFH to your own SMLLC , is not truly changing ownership. (Excluding banks from this topic please, thank you)
Thank you BPeers!