nj real estate transfer tax questions…………..?
23 Aug 2010
i have a llc business in nj that’s in my my and my wife’s name. we want to transfer the title of the property from us to our llc business which is a property rental business. do we have to pay a nj transfer tax?? i i read it was $.75 per $100. my real estate lawyer said i mite not have to pay it since we are the same people. we own the property and the business
Yes since the records must be changed NJ like many states is broke and will not waive fees
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One Response
Iffy
2010 Aug 23 1Yes since the records must be changed NJ like many states is broke and will not waive fees
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