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Updated over 7 years ago,

Chris L.'s profile image
Chris L.'s profile image
Chris L.
  • from Triangle NC
  • Member since Oct 5, 2016
Connect

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136
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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
New Jersey Real Estate Q&A Discussion Forum

Anyone familiar with "Bulk Sales Fee" for selling through LLC

Chris L.
  • Triangle NC
Posted

Hi there,

I reside in NC but have my rental property in NJ. My rental property is held in a NJ LLC and I am the only member of the LLC. I will be selling the property and I was wondering if I will have pay a "bulk sales fee" or an "exit tax" on the sale. Which one would I have to pay? Any input would be greatly appreciated.

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