Updated about 8 years ago on . Most recent reply
1031 exchange through an LLC
Greetings,
I am selling a residential rental property and using the $ to purchase a ocean front rental condo. I have an LLC. Could the LLC buy the Condo now, and then when i sell the rental, purchase the condo from the LLC via a 1031 exchange?
Thanks,
Scott
Most Popular Reply
You cannot purchase or sell a 1031 property to yourself no matter how title is held.



