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Updated 10 months ago on . Most recent reply

User Stats

4
Posts
0
Votes
Blake Johnson
  • Investor
  • Columbia, MO
0
Votes |
4
Posts

Division of assets

Blake Johnson
  • Investor
  • Columbia, MO
Posted

I was wondering if anyone had advice on how to divide assets among investors without having to sell the properties and pay taxes. Currently a corporation owns a portfolio of properties and the investors are looking to dissolve the corporation and divide the assets amongst each other based on share value. My current line of thinking: Is it possible to just "transfer" the properties to LLCs owned by the individual investors and not consider it a sale? 
Any advice on how to split the assets would be greatly appreciated! 

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