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Updated over 4 years ago, 04/28/2020

User Stats

43
Posts
8
Votes
Matt D.
  • Flipper/Rehabber
  • La Jolla, CA
8
Votes |
43
Posts

Transfer Tax Nevada From LLC

Matt D.
  • Flipper/Rehabber
  • La Jolla, CA
Posted

Nevada Clarke County has a strange transfer tax rule whereby if you transfer the property to yourself from an LLC that you 100 percent own, you have to pay transfer tax. Yet when you transfer from yourself to an LLC that you own, you do not. When you go from one corporation that you 100 percent own to another that you 100 percent own, you do not have to pay transfer tax on it either. I do not understand why it matters. Any ideas?