CJM22
New Member

Form 6252

I inherited a 135 year old building from my dad.  The building was in his Trust and I transferred it from his Trust to an LLC.  Thankfully, it sold as Installment Sale in April 2024.  I was told since the building went from a Trust to an LLC, I wouldn't need to pay capital gains.  Is this true?  Also, I could use line by line help on this form.  Thank you!!