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Updated about 7 years ago, 11/19/2017
Transfer Tax in Philadelphia
Hello BP!
I bought a few houses in Philly with a traditional mortgage. due to that, I had to take title with my name.
Now I'm starting to form an LLC for each of my units and my question is:
Am I subject to transfer tax (%4.05) when I transfer the deed from my name to the LLC's name? I know there's different answers in different states. would love to hear what you know on the subject.
Many thanks,