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Updated over 3 years ago on . Most recent reply

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9
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2
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Gabe Belloli
  • Investor
  • Ramona, CA
2
Votes |
9
Posts

Selling LLC with property in it or sell property by itself?

Gabe Belloli
  • Investor
  • Ramona, CA
Posted

Recently it was brought to my attention that instead of selling an apartment complex as an individual asset, you can sell the LLC which own that asset and avoid or at least significantly reduce what you owe in taxes. It was explained that this is not illegal but just taking advantage of existing tax laws. Any input would be great.

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