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llc ownership

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stuart nelson Guest	Posted: Tue Nov 30, 2010 9:08 pm    Post subject: llc ownership Like 0 Dislike 0 hello I own several properties in Ca. no mortgages and titles are held in individual LLC. I want to combine 2 properties in one LLc and close out the other LLC how do I do this? to save LLC filing fee yearly? Stuart Nelson _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
sara Moderator Joined: 05 Jul 2006 Posts: 2694 Location: New Brunswick, New Jersey 496.42 Dollars($)	Posted: Wed Dec 01, 2010 2:41 am    Post subject: Like 0 Dislike 0 Hi stuart, You should contact an attorney and he will help you in combining 2 properties into one LLC. He will guide you as to what steps you need to take in this regard. Take care.
jheard Moderator Joined: 12 Dec 2007 Posts: 742 Location: Houston, TX 117.92 Dollars($)	Posted: Thu Dec 02, 2010 9:32 am    Post subject: Like 0 Dislike 0 Transfer the property from one LLC to the other using a Grant Deed. Then dissolve the LLC. Check the procedure for that at the CA Sec'y of State's website. I think you must just file a form and contact any creditors. _________________ Disclaimer: This is not legal advice and I am not your lawyer. The information provided in this forum is for discussion purposes only, and is no substitute for an in-person consultation with an attorney who can analyze all of the facts and determine how your state and local laws may apply to your specific situation.

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