Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
1031 Exchanges
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago on . Most recent reply
![Gregory Patrick Strake's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2373899/1695605964-avatar-gregoryp142.jpg?twic=v1/output=image/cover=128x128&v=2)
Transferring LP interest to Personal interest - Tax Liability
Hello BP - I have a question...
Currently, I am invested in a new development syndication as an LP. The funds were invested from my LLC.
Recently, we hired a CPA who advised us to invest from our personal account solely as tax benefits are lost with the future distributions going through the LLC entity.
Now the question... has anyone transferred interest in a syndication from their LLC to personal holdings? If so, what are the tax liabilities that come with that? Is this tax as a sale?
Much thanks!