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Updated about 7 years ago,

User Stats

43
Posts
12
Votes
Cameron C.
  • Philadelphia, PA
12
Votes |
43
Posts

Transfer Title to LLC

Cameron C.
  • Philadelphia, PA
Posted

BP,

I recently moved away from Pittsburgh and have now changed my old primary residence into a rental property in the Southside. My question is fairly simple, what is the easiest, most cost effective way to transfer title from my personal name to an LLC? Can I sell the property to the LLC for $1 to avoid paying an enormous amount of money in transfer taxes, closing costs etc?

Looking for someone that has experience in this arena to help me navigate a solution for this transfer.  Thanks!

-Cam