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Updated almost 10 years ago,
Transfer taxes and changing name of limited partnership
I wish to change the name of a Limited Partnership that owns a number of my properties. By doing so, will I need to do title transfers on all the properties owned under the original name to the new name? In other words, will I to pay closing fees, transfer taxes, etc. for each of the properties?
As an alternative, can I sell the existing LP to the new one? Are there consequences?