1031 & Living Trust
I'm planning to exchange my rental property, possibly for a DST commercial property. My current property is owned with my wife as JTWROS. I'm planning to create a living trust and transferring the property into it before the exchange.
Are there any issues with entering the DST with a living trust?
Is there a minimum time limit that my current property should be in the living trust before exchanging it?
Thanks,
Bruce