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Updated about 12 years ago on . Most recent reply

User Stats

13
Posts
3
Votes
Paolo Dorigo
  • Investor
  • Los Angeles, CA
3
Votes |
13
Posts

land trusts

Paolo Dorigo
  • Investor
  • Los Angeles, CA
Posted

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.?'.

Most Popular Reply

User Stats

13
Posts
3
Votes
Paolo Dorigo
  • Investor
  • Los Angeles, CA
3
Votes |
13
Posts
Paolo Dorigo
  • Investor
  • Los Angeles, CA
Replied

I am selling this property at a loss. i want to avoid transfer tax and closing costs. Selling the beneficial interest achieves both goals

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