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Tax, SDIRAs & Cost Segregation

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Rachel Zhang
  • Fremont, CA
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Avoid property withholding tax

Rachel Zhang
  • Fremont, CA
Posted Jun 30 2009, 05:21

I live in California. I want to transfer a property under my own name to my LLC to avoid CA withholding tax when I sell it. The county said that if the LLC 's owner is the same as the property owner, then there is not a city transfer tax. But the LLC is formed by me and my husband, so will i encounter city transfer tax? Thanks !

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