Transferring property in my name to my husband's LLC

**myriah66** · 09-07-2009, 06:04 PM

I recently purchased a property with a mortgage and would like to transfer the property to my husband's LLC. How would I go about doing that? By the way I'm located in Charlotte.

**Greg** · 09-08-2009, 05:51 AM

Talk to a local real estate lawyer. They can do it and also explain any negative ramifications that might occur.

**Nick Brian** · 09-08-2009, 11:35 AM

Hi Myriah. I think dissolve the mortgage the property first and then transfer. Even transfering cost is high which you can use to your mortgage. Nick.

**tucsonhomes** · 09-08-2009, 12:02 PM

Originally Posted by myriah66

I recently purchased a property with a mortgage and would like to transfer the property to my husband's LLC. How would I go about doing that? By the way I'm located in Charlotte.

Get some competent professional assistance. This situation does have ramifications, both tax and legal.

**ohioreoexperts.com** · 09-23-2009, 11:58 AM

This also may not be possible without violating some of the clauses in your mortgage. If you satisfy the mortgage, then it's all fair game. I would still seek some legal counsel before following through.