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Updated almost 3 years ago,
Florida transfer tax
Is it possible to get around the Florida transfer tax when deeding a property from my personal name into my LLC?
The FL attorney I spoke with said deeding it over is the taxable event, whether it's into an LLC or into a Land Trust, and that it may not hit you right away but at some point you're going to pay it. Granted it's not much, but is deeding it into a Land Trust an actual tried and true method for not paying the transfer tax?
Thank you!