Multiple LLC 1031 Exchange
I currently have a rental portfolio with 25 SFHs in 1 LLC. Next I plan to purchase more property but will put it in a different LLC so that all my assets are not in 1 basket to reduce risk. Down the line when I want to exchange up using a 1031 exchange, are you limited to only using assets in 1 LLC or can you sell off multiple assets in multiple LLCs to try to purchase a much larger property?