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 almost 7 years ago on . Most recent reply

User Stats

40
Posts
3
Votes
Tarik N.
  • Rental Property Investor
  • Arlington, VA
3
Votes |
40
Posts

Transfer of property to LLC in Baltimore, MD

Tarik N.
  • Rental Property Investor
  • Arlington, VA
Posted

I have four (4) duplexes in Baltimore in my name and want to transfer ownership to an LLC I formed, so I have the following questions:

1) Do I have to use an attorney as opposed to a specialized entity (title company and such)?

2) Will I have to pay some sort of transfer taxes? I've done the same in Virginia and there were no transfer tax as it was considered a "gift" to the LLC.

Thank you,

Tarik Nabi

Loading replies...