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Natalia Barros
  • NJ
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Transferring real property to LLC in New Jersey

Natalia Barros
  • NJ
Posted Sep 26 2021, 19:27

Hello, I'm looking to transfer my property, currently paid in full, into my LLC. I'm also the sole proprietorship of the LLC. I'm planning on using a quitclaim deed and I'm wondering if I can put $1.00 as the amount of the consideration or if I have to write down the full appraised value of the house? Thank you.

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