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Updated over 7 years ago on . Most recent reply presented by

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12
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5
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Orion McCabe-Gould
  • Tacoma, WA
5
Votes |
12
Posts

Selling duplex in LLC to a 1031 exchange

Orion McCabe-Gould
  • Tacoma, WA
Posted

Hello I have a question that someone might be able to answer or send me to someone who could. My question is if 2 people equally own a duplex in an LLC and are looking to sell it can one person cash out and pay taxes and the other take their funds and do a 1031 exchange? This is in Washington State if that matters at all.

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