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Quitclaim Deed by Two Individuals to LLC California  Form

Quitclaim Deed by Two Individuals to LLC California Form

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Instructions and help about Quitclaim Deed By Two Individuals To LLC California

What's up, guys. Imagine having your hard earned real estate investments ready for transfer only to find out you've triggered a financial time bomb. That's right. The simple act of moving real estate to or from a limited liability company can have explosive tax consequences. If you don't want to be caught off guard by unexpected tax bills, then stay tuned. Because in this video I'll be covering the tax bombshell that is possibly awaiting you. And more importantly, I'm going to show you how to defuse it. All right. Let's get started. So what are these tax bombshells that you should be looking out for? Well, number one, real estate transfer taxes or property tax reassessments. So here's the thing. Just because you own the property and you put it into an entity such as a land trust or a limited liability company in which you're the beneficiary, the member doesn't mean that that transfer is exempt from transfer

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