https://ttlc.intuit.com/community/taxes/discussion/351-a-exchange/01/2201120#M792841 <P>I held units in a holding company LLC for over a year.&nbsp; The company formed a new holding company and I did an equal value exchange of units from the old LLC to the new LLC.&nbsp; Does my holding period for capital gains consideration still go back to when I originally acquired the shares?&nbsp; If the new LLC has a sale in less than one year, will I still get long term capital gains treatment on any value above the exchange value?</P> Wed, 14 Apr 2021 00:51:02 GMT Icebreaker250 2021-04-14T00:51:02Z https://ttlc.intuit.com/community/taxes/discussion/351-a-exchange/01/2201120#M792841 <P>I held units in a holding company LLC for over a year.&nbsp; The company formed a new holding company and I did an equal value exchange of units from the old LLC to the new LLC.&nbsp; Does my holding period for capital gains consideration still go back to when I originally acquired the shares?&nbsp; If the new LLC has a sale in less than one year, will I still get long term capital gains treatment on any value above the exchange value?</P> Wed, 14 Apr 2021 00:51:02 GMT https://ttlc.intuit.com/community/taxes/discussion/351-a-exchange/01/2201120#M792841 Icebreaker250 2021-04-14T00:51:02Z https://ttlc.intuit.com/community/taxes/discussion/re-351-a-exchange/01/2201273#M792842 <P>The holding period for the interest received should be the same as for that transferred. BUT note that LLCs can't participate in tax-free re-orgs so I don't know what's going on unless there was an election made.&nbsp;</P> Wed, 14 Apr 2021 01:38:10 GMT https://ttlc.intuit.com/community/taxes/discussion/re-351-a-exchange/01/2201273#M792842 M-MTax 2021-04-14T01:38:10Z