![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/852523/small_1733934281-avatar-davidm659.jpg?twic=v1/output=image&v=2)
2 November 2024 | 19 replies
You seem like a seasoned investor, but many folks hold the properties all in their own name and while you can do an LLC transfer, being able to "wipe" your portfolio and start a new as a smarter investor then when you started is really nice if you can do it in a tax efficient way
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1890171/small_1707321594-avatar-alexf272.jpg?twic=v1/output=image&v=2)
29 October 2024 | 6 replies
And the STR licenses are not transferable.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3137847/small_1729738456-avatar-raquelb30.jpg?twic=v1/output=image&v=2)
1 November 2024 | 17 replies
Worst case scenario, if you wanted to go with another lender, you can have the appraisal transferred, typically as long as it was ordered through an Appraisal Management Company.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/141384/small_1694556709-avatar-olguy.jpg?twic=v1/output=image&v=2)
29 October 2024 | 6 replies
I know several who invested in my fund with a LLC and regret it because they close the LLC because I just costs them more money every year and to transfer it back into their personal name is additional paperwork and costs to transfer.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2149420/small_1730067218-avatar-tylerb523.jpg?twic=v1/output=image&v=2)
31 October 2024 | 9 replies
Here are things that would not transfer with a sale:-2.5% interest- prop 13 property tax benefit is saving ~$40/monththese are awesome advantages that are tough to match In addition you have achieve outstanding return from the appreciation since purchase.On the other hand, you have $300k of equity which places the LTV at ~65%.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2489253/small_1717869328-avatar-zack20.jpg?twic=v1/output=image&v=2)
27 October 2024 | 13 replies
More so just heard that if you transfer title into LLC it can “uncap” the property and cause a new tax assessment the following year and raise your future tax expense.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3104706/small_1724264231-avatar-emiliep5.jpg?twic=v1/output=image&v=2)
22 October 2024 | 7 replies
Hello everyone,My Canadian company owns a residential property in California and I want to sell it to my own personal name as I am closing my company.I don't know which professional to consult to help me do the transfer besides my CPA.Can I do the transfer of the deed myself (going to the County Recorder’s Office) and just check with my CPA for taxes due?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1091988/small_1621508747-avatar-michaelmac5.jpg?twic=v1/output=image&v=2)
27 October 2024 | 3 replies
If you sell the property (regardless of whom to), you will pay all the fees and transfer taxes associated with that sale - likely thousands of dollars.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1807200/small_1621515737-avatar-joes742.jpg?twic=v1/output=image&v=2)
26 October 2024 | 5 replies
Are there any tax implications since it’s currently in an LLC and will be transferred to our personal name at close?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3097483/small_1723407863-avatar-sharadb2.jpg?twic=v1/output=image&v=2)
31 October 2024 | 12 replies
If you take the loan individually, you can later transfer the property to the LLC, but that may trigger due-on-sale clauses or tax implications.3.