Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago, 03/27/2018

User Stats

14
Posts
3
Votes
Omaree G.
  • Virginia Beach, VA
3
Votes |
14
Posts

Transfer title and tax

Omaree G.
  • Virginia Beach, VA
Posted
Hello! I just recently purchased my first buy and hold investment property. Currently, I am in the process of transferring/titling into my LLCs name. My first question, in your opinion and experience, what are some immediate issues and/or changes I may need to tend to or make, following the finalizing of the transfer., i.e., paperwork, legal issues, taxes, etc? Secondly, does the process of filing my taxes and claiming interest/real estate taxes paid, differ from that of my primary residence, considering it will be under the LLC name and will I run into any issues since the transfer was made from my name to the LLC during the mid-year?

Loading replies...