Posted on: 30th Nov, 2010 08:08 pm
hello
I own several properties in Ca. no mortgages and titles are held in individual LLC. I want to combine 2 properties in one LLc and close out the other LLC how do I do this? to save LLC filing fee yearly?
Stuart Nelson
I own several properties in Ca. no mortgages and titles are held in individual LLC. I want to combine 2 properties in one LLc and close out the other LLC how do I do this? to save LLC filing fee yearly?
Stuart Nelson
Hi stuart,
You should contact an attorney and he will help you in combining 2 properties into one LLC. He will guide you as to what steps you need to take in this regard.
Take care.
You should contact an attorney and he will help you in combining 2 properties into one LLC. He will guide you as to what steps you need to take in this regard.
Take care.
Transfer the property from one LLC to the other using a Grant Deed. Then dissolve the LLC. Check the procedure for that at the CA Sec'y of State's website. I think you must just file a form and contact any creditors.
