Posted on: 26th Jan, 2011 06:34 pm
I am curious as to whether or not this would count as a valid sell since the sole proprietorship is 'disregarded as separate from its owner' (e.g. it is of the same person). I have a hunch that it would be invalid since, the debt created by the sell is to the same person who is selling it.
Hi Benjaminbixby!
Welcome to forums!
Property can be transferred from your name to the LLC. In that case, I guess you will be able to sell the property into your LLC. Nevertheless, it will be better if you could contact a real estate attorney and take his help in this matter.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Property can be transferred from your name to the LLC. In that case, I guess you will be able to sell the property into your LLC. Nevertheless, it will be better if you could contact a real estate attorney and take his help in this matter.
Feel free to ask if you've further queries.
Sussane