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Mike Kalob
  • Investor
  • Leonia, NJ
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Avoiding Transfer Taxes into LLC

Mike Kalob
  • Investor
  • Leonia, NJ
Posted Oct 16 2017, 09:01

Anyone successful moving a property from their personal name to single-member LLC without paying the Realty Transfer Tax? I prefer using a Warranty Deed vs Quitclaim based on previous posts here.

Here's a case (https://www.avvo.com/legal-guides/ugc/nj-realty-transfer-fee-does-not-apply-to-related-entities) where Mack-Cali seemed to use the "related party" clause to be exempt, though this seems to be the minority of cases, despite different jurisdiction laws, thanks.