Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago on .
Most recent reply
presented by
Trading LLC Equity with partners in multiple ventures
Hi All!
I have a few investment properties in separate LLCs with the same partner.
Question Up Front:
Is it possible to exchange shares or stake in our LLCs to each other?
For example, we both own 50/50 in entity A and B, but want to go 100/0 and 0/100 in each entity.
I’m trying to find a way to transition from my W2 job to full time real estate investments, and finding that income from the partnership (or lack there of) is playing a role.
This may be my lack of tax knowledge, but As I understand taking out money from a partnership can lower your basis in the property (or the entity), therefore not being a great long term strategy.
Whereas if you have full ownership of the property, you can take that income and have it taxed at your normal income rate.
Any advice out there on this situation?
Thanks!
Most Popular Reply

- CPA, CFP®, PFS
- Florida
- 3,215
- Votes |
- 3,981
- Posts
Paying yourself has no basis adjustment on your assets. From tax perspective. There might be other better way to pay yourself via management company that might potentially reduce your taxes. Again, needs to be discussed with your tax advisors.
- Ashish Acharya
- [email protected]
- 941-914-7779
