QUESTION

what is the consideration?

Asked on May 31st, 2019 on Real Estate - New York
More details to this question:
I need to transfer the deed of my browntone from myself to my sole member llc , what would the consideration be on the deed , its a contribution to my LLC
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1 ANSWER

Estate Planning Attorney serving New York, NY
1 Award
Just put in $1.  It is not a market value sale but merely an ownership change.
Answered on Jun 01st, 2019 at 5:36 AM

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