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Updated about 12 years ago on . Most recent reply
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land trusts
I am selling a property that i currently own under my LLC. I found a cash buyer. i now want to transfer title from my LLC to a land trust, then assign the beneficial interest to the new buyer. I need this to happen within a week. Can someone give me the step by step procedure regarding the paperwork and action needed.?'.
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I am selling this property at a loss. i want to avoid transfer tax and closing costs. Selling the beneficial interest achieves both goals