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No, transferring 50% of the building will not result in any tax consequences. The contribution will be a non-taxable transaction under either Section 351 or Section 721 of the Internal Revenue Code, depending upon whether you elect for the LLC to be taxed as a corporation or a partnership. But, I do wonder why you want to retain 50% of the building in your own name. The LLC's limited liability status protects your personal assets from liabilities of the LLC; if you retain 50% in your own name, to the extent of any problems or lawsuits involving the building, you would be personally at risk.
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Yes, that is correct. It's a non-taxable transaction.
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