LLC Real Estate Transfer Issue

This comprehensive article analyzes membership interest transfers from the lens of a consumer.  What the article fails to discuss is that deals would not get done in this market if purchasers were immediately forced to pay the increased taxes on the purchase price without the vehicle of a membership interest transfer.  Sikora Law assists clients each month with such transfers, and our firm will be actively involved in providing the developer’s perspective related to any legislation that proposes to change or eliminate membership interest transfers.