The sale of property within an LLC

General Q & A
1

I am planning to sell a rental property that is in an LLC. My plans are to use the funds to buy a retirement home (overseas) and invest the funds overseas. I believe my CPA said I will owe 30% (it could less than 30%) on the sale of the property. Is there anything I can do to reduce this tax? If so what?

Thank you.

2

Fielded your question today on the Open Forum show recorded June 12. Should be posted in a couple of days. Thank you for the question! Mark and Mat