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Real estate LLC investment prop. Possible to transfer the entire invest. to a dividend stock portfolio without paying cap taxes?

Bankruptcy and Debt 2 views 2 answers
I'm not trying to evade taxes. Just trying to understand if there is a 1031 exchange like method to transfer a very small investment property worth 150K+ to a dividend stock portfolio without paying taxes on the capital gains. The property is fully owned by a LLC that has two equal partners.

Attorney Answers

2
Nicholas Souza ·
Without knowing more details it's hard to tell. I can't imagine there would be a way to do this, but I haven't done the necessary research to know for sure. 1031 exchanges specifically exclude stock, so that's no help. You might want to talk to a tax planning attorney so they can do the proper research taking into account the type of property and other factors.
0 upvotes
David Kestner ·
I have to agree that a tax professional will be your best bet. has many good lawyers, see if they can help.
0 upvotes

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