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Updated over 9 years ago,

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4
Posts
3
Votes
Jose Dorado
  • IT
  • Denver, CO
3
Votes |
4
Posts

Deferring taxes

Jose Dorado
  • IT
  • Denver, CO
Posted

Hello all and thanks for this great forum.

here is my question. I am considering myself a pre-newbie. just wanting to get started in real estate investment. I'm closing on the sale of a rental property in two weeks. I want to use the profit to start a real estate investment Business. i have registered my LLC acquired the EIN and state licences. how do i transfer the profit to the LLC without paying taxes on the profit from the sale?

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