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Not if the principals in the new entity where principals in the old entity.In Reply to: Does Transfering Title to a Trust or LLC Trigger a Tax Reassessment? posted by Mike on October 14, 2003 at 9:19 PM : Hi Ward, : Does transfering title of a property to a trust or LLC trigger a tax reassessment? : - Mike Not if the principals in the new entity were also principals in the previous entity.
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