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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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1031 Exchanges
HomeForums1031 Exchanges1031 from personal name to LLC
Rich Thomas's profile image
Rich Thomas's profile image
Rich Thomas
  • Investor
  • from Salem, Massachusetts
  • Member since Mar 10, 2016
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Rich Thomas's profile image
Rich Thomas's profile image
Rich Thomas
  • Investor
  • from Salem, Massachusetts
  • Member since Mar 10, 2016
Connect
Rich Thomas
  • Investor
  • Salem, MA
62
Votes |
124
Posts
1031 Exchanges

1031 from personal name to LLC

Rich Thomas
  • Investor
  • Salem, MA
Posted Apr 13 2018, 13:15
Hello, I have a residential loan on a rental property that is in my name currently. I am planning on selling that property and 1031 into a larger apartment building which will be a commercial loan and held in an LLC...is there any problem with taking 1031 exchangd funds from my personal name and using them in the name of my LLC to buy a property? Thanks in advance!
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