Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago on . Most recent reply

tax reassessment when transferring property to llc ?
I'm considering to transfer a Los Angeles, CA property that is currently under my name to an LLC. The property is owned outright and is now worth much more than when it was first acquired. Is there a way to make the transfer without triggering a property tax reassessment? It's the first time doing a transfer like this, so any input would be extremely helpful. Thank you all in advance!