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Updated over 7 years ago, 07/26/2017

Chris L.'s profile image
Chris L.'s profile image
Chris L.
  • from Triangle NC
  • Member since Oct 5, 2016
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136
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11
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Chris L.'s profile image
Chris L.'s profile image
Chris L.
  • from Triangle NC
  • Member since Oct 5, 2016
Connect
Chris L.
  • Triangle NC
11
Votes |
136
Posts
General Landlording & Rental Properties

Selling a rental that is in an LLC in NJ. Bulk sales notice?

Chris L.
  • Triangle NC
Posted

I reside in NC, but my rental property is in NJ and in a NJ LLC. I am going to sell my rental and I am wondering if I will have to pay the Bulk Sales Notice or the Exit tax. Can someone please explain the bulk sales notice to me and how that works and also whether or not I will have to pay the exit tax if I am already paying the bulk sales notice.

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