Technical/Legal Question Re Buying Thru A LLC - Posted by MN~Chicago

Posted by MN~Chicago on April 19, 1999 at 23:08:13:


Buying property listed in historical area.
An 8 year tax freeze goes to the original

House is owned by a LLC. I can buy out
the shares of the LLC and retain the tax

Question: Will there be a problem getting
title or financing for new ownership while
retaining the existing LLC?

This will be put forth to my attorney for
an answer, but I wanted to test the collective
knowledge here.