Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago,

User Stats

1
Posts
0
Votes
Andrea Wasman
  • West Haven, CT
0
Votes |
1
Posts

Mortgage on my name llc on my daughter name

Andrea Wasman
  • West Haven, CT
Posted

Hi to all

I place my rental property in a llc to my daughter name

Was no money transaction when we form the llc

Now we have sold the property under my daughter llc with a mortgage on my name

We sold the house in 168000

originally i pay 128000 on year 2000

How they'll calculates the capital gane

Over 40.000 gain

Over 168000 because was no money transaction when we form the llc

Maybe some one can help me a little confused

Thank you for all the help i will get