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1031 Exchanges

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35
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8
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Phil Hong
  • Investor
  • Torrance, CA
8
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35
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1031 a personally titled property to a LLC titled property

Phil Hong
  • Investor
  • Torrance, CA
Posted Apr 21 2017, 16:57

Hi BP!

I am considering selling a property owned in my name and buying a bigger property. I would like to have a single-member LLC own the new property. I read that the name on title for the upleg and downleg need to be the same. Is this possible?

Thanks!

Phil

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