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1031 Exchanges

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Ryan Well
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1031 question - can you sell to an LLC you are part owner in?

Ryan Well
Posted Nov 4 2018, 20:00
This is my first post and might be a newbie question but I’ve googled it and can’t find the answer. I have 4 SF rentals. If an opportunity ever came up where I needed equity out of one or more of them without taking on debt from refinancing, could I do a 1031 exchange and the “buyer” of the property/properties be an LLC that I’m a minority (~10%) owner in?

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