How many of you transferred your properties to an LLC?

If you do not have the correct systems in place, dedicated team-members, and reliable vendors.... this can all go south.

Your easiest and likely most reliable course of action is to call your local tax office and ask why your assessment doubled.

I'm having a hard time finding a reliable cleaner in the area.

I'm having a hard time finding a reliable cleaner in the area.

The loss in value from the sale6% to a realtor to sell the home4% for other closing costs(title work, transfer tax, etc)The other 5% in value is when you buy a new home and pay for loan processing fees, title work that have no real value.Will the new property you purchase provide more than 15% at time of purchase and over time?

The most important thing is get a reliable contractor. 

If you sell the home, expect to lose about 10% of the value of the home in fees/costs.6% to realtor commissions, 4% in other closing costs(Transfer taxes/title costs).There may also be income taxes as a result of the sale.

I have a couple properties in my personal name that I want to transfer into an LLC that I am in the process of setting up.

Changing X LLC on title to Y LLC is a transfer deed, a sale, so property taxes are reassessed.