Costs of transferring a property from personal name to LLC?

[Bienes Raices]

Does this sound about right?

--$100 to $200 -- county transfer tax

--$300 to reissue or write a new title policy in the LLC's name, since the old policy will be voided by the new quit claim or warranty deed.

--??? attorney fees to "structure" the transaction so that it will not trigger the due on sale clause on the property's mortgage. (My atty told me I needed to do it this way--I emailed him about the cost to do this but he hasn't gotten back to me).

Thanks.

[Chris Martin]

...best to do at acquisition or at refinance, since the costs are "built in" to the deal anyway. Are you doing the transfer W/O a refinance or acquisition? I've done it (years ago) and the attorney had $0 in transfer tax since it was a zero sum transfer (show corporate resolution for capital contribution at basis) that showed no benefit to contributing member.