General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply

Selling a property transferred to LLC
Hi BP,
I'm selling a property in MO that was purchased in my personal name and transferred to an LLC. There is a mortgage on the property in my personal name. Do I need to transfer title back to my personal name prior to the sale to pay off the lien?
This is the first time I’ve sold a property and I’m unsure of the process of paying off the mortgage...hence reaching out for help on BP!
Thanks in advance :)