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Updated over 3 years ago on . Most recent reply

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Alec Knorr
3
Votes |
9
Posts

Can I sell a property owned by an LLC?

Alec Knorr
Posted

Hello - I have an LLC with two other partners. We are exploring selling a property or two. In each case, one of the partners bought the property as an investment in his name and later transferred it to the LLC.


Do we have to transfer the title back to the original buyer or can we sell a home directly from the LLC? For some reason, I thought I remembered reading that we had to transfer the title back but I'm not finding anything concrete.

Thank you in advance! 

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