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Steve Moran, Real Estate Pro in PA,

I have a few properties in my name, and wondered if I could sell them to a corporation that I own?

Asked by Steve Moran, PA, Wed Nov 19, 2008

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Steve, Yes you can sell them to the corporation. Since you are changing ownership, you would need to pay the transfer & recording taxes/fees. Check with your accountant as to how to value the properties in a closely held transaction. Thanks, Jon Tucker, RE/MAX 100, 443.538.4316
0 votes Thank Flag Link Wed Nov 19, 2008
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