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Viewing 11 posts - 1 through 11 (of 11 total)
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  • August 2, 2011 at 9:09 AM #18985
    shawali99
    Participant

    We want to sell our previous principal residence, now a rental, under IRS 121. The title of the house belongs to our trust. We like the house and want to keep it. Can we sell it to our LLC, get the IRS 121 exemption, have the house and funds within our entities.

    August 2, 2011 at 3:44 PM #714472
    TemekuT
    Participant

    Oh sure, no problem.

    p.s. can’t believe you throw a complicated tax and legal question on an open website and invite anonymous commentators to instruct you on the intricacies of tax law and property transactions.

    August 2, 2011 at 3:44 PM #714565
    TemekuT
    Participant

    Oh sure, no problem.

    p.s. can’t believe you throw a complicated tax and legal question on an open website and invite anonymous commentators to instruct you on the intricacies of tax law and property transactions.

    August 2, 2011 at 3:44 PM #715166
    TemekuT
    Participant

    Oh sure, no problem.

    p.s. can’t believe you throw a complicated tax and legal question on an open website and invite anonymous commentators to instruct you on the intricacies of tax law and property transactions.

    August 2, 2011 at 3:44 PM #715319
    TemekuT
    Participant

    Oh sure, no problem.

    p.s. can’t believe you throw a complicated tax and legal question on an open website and invite anonymous commentators to instruct you on the intricacies of tax law and property transactions.

    August 2, 2011 at 3:44 PM #715681
    TemekuT
    Participant

    Oh sure, no problem.

    p.s. can’t believe you throw a complicated tax and legal question on an open website and invite anonymous commentators to instruct you on the intricacies of tax law and property transactions.

    August 2, 2011 at 6:07 PM #714502
    DataAgent
    Participant

    Do you meet the 2 year / 5 year rule under IRS 121?

    August 2, 2011 at 6:07 PM #714593
    DataAgent
    Participant

    Do you meet the 2 year / 5 year rule under IRS 121?

    August 2, 2011 at 6:07 PM #715196
    DataAgent
    Participant

    Do you meet the 2 year / 5 year rule under IRS 121?

    August 2, 2011 at 6:07 PM #715349
    DataAgent
    Participant

    Do you meet the 2 year / 5 year rule under IRS 121?

    August 2, 2011 at 6:07 PM #715711
    DataAgent
    Participant

    Do you meet the 2 year / 5 year rule under IRS 121?

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