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Investors & landlords
"In the year you dispose of your rental property to an unrelated third party in a fully taxable transaction"
=> What happens when you sell the property in your personal name to an LLC for better liability protection - but you are a member of that LLC ?
=> Can my passive activity losses be released in that case too ?
Any other aspect to consider when selling to a related LLC i.e. of which I'm a member ?
‎February 22, 2020
7:12 AM