I went to a broker and they said I wouldn't be able to do it, that I would have to get the mortgage in my name and buy the property in my name then transfer it to the LLC and pay transfer taxes again.Do you know of any lenders that will let me get the loan in the LLC name with out having to pay the higher interest rates for a commercial loan?

That is why the IRS does not tax the consideration until the option is exercised or it expires.A transfer of title is what triggers the DOS.

I am told that one state no longer recognizes the documentYou really want the title work to be done correctly when transferring title.

There can be no tax impact or the transfer can trigger taxes due (local transfer taxes can apply event when the LLC is a sole member LLC).

As noted, the auction is what triggers the transfer of title.All sales will be recorded in the records.

I can't imagine it being after then paying a transfer tax.

Does anyone have any experience with the different companies that offer this? I have found so many, and im trying to pick which one i want to try. Please let me know of any experiences you guys have had.

Thanks

All of your equity is transferred and continued in the replacement property and sometimes it's difficult to trade equal or up.

It is a way to force disclosure of all fund transfers that are directly tied to the transaction.John Corey

All the banks I've talked to said I could NOT title under my LLC, so I was told to quit claim it after I buy it and pay transfer tax. thats part 1 of the headache...1 Bank fell through (Quicken, Dont ever use them btw) for reasons I'm still unclear about.