My wife and I are getting ready to retire. We have had a rental property for many years. This past year, we put the property into an LLC, just to protect us from personal liability. Since we recently decided to retire, we have decided to sell the rental property. Is there a tax benefit by leaving the property in the LLC, or would we be better off changing the property back to our personal names and closing down the LLC. We will not have a capital gain on the rental property.

Thank you.