Baltimore City, MD Deed Question

[Brittany P.]

Calling all MD/Baltimore real estate/title pros: we are trying to deed two Baltimore City, MD rentals from our names into our LLC's name. The city has explained that since this is a "no-consideration" transfer, it's not subject to transfer tax. However, apparently the deeds need to contain the relevant exemption code in order to avoid the tax. The city won't provide the transfer code to me, though. Does anyone out there know what the code would be for a personal-to-LLC transfer? Thanks!

[Chris Seveney]

Quote from @Brittany P.:

Calling all MD/Baltimore real estate/title pros: we are trying to deed two Baltimore City, MD rentals from our names into our LLC's name. The city has explained that since this is a "no-consideration" transfer, it's not subject to transfer tax. However, apparently the deeds need to contain the relevant exemption code in order to avoid the tax. The city won't provide the transfer code to me, though. Does anyone out there know what the code would be for a personal-to-LLC transfer? Thanks!

Just get a title company to handle it. Also why are you transferring to your LLC? Plenty of posts here on BP discussing why that is not always the best option and just ends up costing you more money.