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Updated almost 7 years ago on . Most recent reply
Transfer of property to LLC in Baltimore, MD
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