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June 1, 2023

Why do I have to pay Florida Documentary Stamp Taxes when I transfer ownership of my real property into the name of an LLC that I own?

If you don’t have a mortgage or owe any money on the property, you can gift the property to an LLC where you are the only member(s), and only have to pay the minimal Florida Documentary Stamp Tax of $0.70.  If there are other members besides those currently on the deed, more than the minimum will be owed.  If you […]
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