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Tax, SDIRAs & Cost Segregation

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Erik Sheehan
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Tax Benefits Quitclaim to LCC

Erik Sheehan
Posted Jun 10 2021, 13:29

Hoping to get some insight from anyone that has experience handling carry-forward loss. I have a property with several hundred thousand in carry-forward loss. I don't plan on selling the property. I am wondering if I transferred the property to my LLC as an S-corp, would I be able to then be able to pull in the carry-forward loss as if I had sold the property and get the tax write off that year?

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