If the control of the property didn't change during the transfer, the transfer from owners to LLC is not a tax event. The basis of the property of the LLC is the same as the purchase price + all the improvement of the property over the years.
If the control of the property didn't change during the transfer, the transfer from owners to LLC is not a tax event. The basis of the property of the LLC is the same as the purchase price + all the improvement of the property over the years.
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