Changing From LLP To Limited - Property Portfolio

Changing From LLP To Limited - Property Portfolio

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Hi

My client has a portfolio of properties that he bought really cheap, renovated and then rented. He then incorporated an LLP and brought the properties in to the LLP.Now he wants to change the LLP into a Ltd company. My question is wether there would be any capital gains implications of this transfer and how can the LLP be changed into a Limited Company.

 

Thanks

 

 

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