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Updated about 8 hours ago on . Most recent reply

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Blake Johnson
  • Investor
  • Columbia, MO
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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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Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
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Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
ModeratorReplied

I looked into this prior and there was no way if you are dissolving and changing tittle to the assets - what is your cpa saying ?

  • Chris Seveney
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