Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 about 5 years ago on . Most recent reply

User Stats

23
Posts
10
Votes
Matt Lord
10
Votes |
23
Posts

Transfer tax. Personal name into LLC

Matt Lord
Posted

I purchased a rental back in September in my personal name. I'd like to move ownership into a new LLC. I spoke to the title company and she said I'd have to pay the full 2% transfer tax and there's no way around that.

I was hoping I could sell it to the LLC for $1 or do a quit claim deed or something similar, but she says no. Any idea on how to cheaply more the title around? This is in PA btw. Thanks

Loading replies...