Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
1031 Exchanges
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply presented by

User Stats

109
Posts
12
Votes
Hen Ley
12
Votes |
109
Posts

Can you sell a property from yourself to you llc for 1031?

Hen Ley
Posted

Wondering if you can sell an investment property that's in a SMLLC (with the intent of doing a 1031 exchange) and then for the new purchase, buy a property that you own personally? So, the primary residence would be sold to the LLC to then be used as an investment property.

Most Popular Reply

User Stats

3,740
Posts
4,491
Votes
Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
4,491
Votes |
3,740
Posts
Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
ModeratorReplied

No. 

You and your SMLLC are the same for tax purposes. 

business profile image
Kolodij Tax & Consulting

Loading replies...