Individual or LLC sale?

[Ernest Badalov]

To All,

Just wondering what everyone thinks. What are pros and cons of:

1. Selling all rental properties separately (within a short period of time)?

2. Selling them once as one LLC (assuming all those rentals are presently in the LLC)?

Cheers

[Charles Carillo]

@Ernest Badalov

There is no need to put all your properties in one LLC to sell them (together). I sold a portfolio of small properties in early 2022 (to the same buyer), and they were in 3 different entities.

I would opt to sell my "problem" or "less than ideal" properties first before selling the good ones. You take a little money off the table while also removing some hassle and headaches.

[Ernest Badalov]

One of two options have to be used (sometime in the future) to get rid of all investment properties by closing the shop and leaving for good. That’s why those two options were presented; not sure which one makes more sense.