Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

265
Posts
91
Votes
Joshuam R.
  • Specialist
  • Florida
91
Votes |
265
Posts

Transferring personal SFH Title to SMLLC

Joshuam R.
  • Specialist
  • Florida
Posted

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!

Loading replies...