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All Forum Posts by: Rachel Zhang

Rachel Zhang has started 1 posts and replied 1 times.

Post: Avoid property withholding tax

Rachel ZhangPosted
  • Fremont, CA
  • Posts 1
  • Votes 0

I live in California. I want to transfer a property under my own name to my LLC to avoid CA withholding tax when I sell it. The county said that if the LLC 's owner is the same as the property owner, then there is not a city transfer tax. But the LLC is formed by me and my husband, so will i encounter city transfer tax? Thanks !