Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 5 years ago on . Most recent reply presented by

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...