Discussion:Property from an S corp to an LLC

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Discussion Forum Index --> Tax Questions --> Property from an S corp to an LLC

Rc1627 (talk|edits) said:

19 January 2007
How do I transfer property from a S corp to an LLC? What are the tax consequences of the transfer?

Natalie (talk|edits) said:

January 19, 2007
Maybe this question should be posted under the "tax questions" forum.

Tdoyle (talk|edits) said:

January 19, 2007
Done!

JR1 (talk|edits) said:

January 19, 2007
It's called a sale.

Will (talk|edits) said:

19 January 2007
Deemed sale coming out, usually no gain going into the LLC unless debt greater than basis in the property is transfered.


William Price, EA | Portland, OR - Talk to me

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