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Updated almost 6 years ago,

User Stats

19
Posts
10
Votes
Kristen Bouvier Scoville
  • Rental Property Investor
10
Votes |
19
Posts

Selling a Property alone or within an LLC Tax advantage or Disadv

Kristen Bouvier Scoville
  • Rental Property Investor
Posted

Tax Question... I have a Commercial Property within an LLC. Tenant wants to purchase. What is the advantage and/or disadvantages of selling with or without the LLC attached for me? Or is there any? Im in New York state? Obviously I will have to pay capital gains but unsure if I sell with the LLC if it will helpmeet or not if if it really doesn't matter. Does anyone have any input on this?

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