Oct 18 in General discussion
Transfer Rental Property To LLC
We were advised to transfer title of our STR into an LLC for asset protection purposes. How do we ensure there won't be any undesirable tax consequences for doing that? It's in Idaho, same owners in personal names are the same owners of the LLC. The googler is giving mixed answers whether or not there could be transfer taxes or capital gains taxes triggered by the transfer.
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Transfer Rental Property To LLC
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