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John Gavin's profile image
John Gavin's profile image
John Gavin
  • Investor
  • from Vienna, Virginia
  • Member since Apr 4, 2015
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6
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John Gavin's profile image
John Gavin's profile image
John Gavin
  • Investor
  • from Vienna, Virginia
  • Member since Apr 4, 2015
Connect
John Gavin
  • Investor
  • Vienna, VA
1
Votes |
6
Posts
Tax, SDIRAs & Cost Segregation

2 owner LLC - breaking it into 2 distinct LLC’s

John Gavin
  • Investor
  • Vienna, VA
Posted

A friend and I have an LLC that owns multiple properties and for several reasons we would like to split the LLC into 2 LLC's and each own one. We would like to split the homes and both have separate LLC's moving forward. What is the best way to do this without incurring taxes?

Richmond, Virginia
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