Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

partnership LLC

Miao2006
Level 1

2 50/50 partners are looking to split and own 12 homes where each partner will take 6 and put into new LLC they each formed.  how is this recorded on the IRS side?

thank you 

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Comment 1
sjrcpa
Level 15

Property distribution

The more I know, the more I don't know.