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Updated 30 days ago on . Most recent reply

Lauren Ruppert's profile image
Lauren Ruppert's profile image
Lauren Ruppert
  • Rental Property Investor
  • Member since Dec 13, 2019
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65
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29
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Lauren Ruppert's profile image
Lauren Ruppert's profile image
Lauren Ruppert
  • Rental Property Investor
  • Member since Dec 13, 2019
Connect
Lauren Ruppert
  • Rental Property Investor
29
Votes |
65
Posts
Private Lending & Conventional Mortgage Advice

Can an LLC (sole proprietor) sell a property to an LLC belonging to a son/daughter?

Lauren Ruppert
  • Rental Property Investor
Posted

Having a difficult time understanding the in's and out's of SELLING a property to a son/daughter. 

If I hold a property in an LLC (sole proprietor) can it be sold to an LLC that my son is the sole proprietor of? Fair market value?

If I can sell him a car, why not a property?

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