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Updated over 10 years ago on . Most recent reply presented by

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121
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David D'Ambrosio
  • Investor
  • Brielle, NJ
21
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121
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LLC and 1031

David D'Ambrosio
  • Investor
  • Brielle, NJ
Posted

If you buy properties using a 1031 exchange and the property you sold was in your name, can you subsequently transfer ownership to an LLC without triggering a capital gains bill from the IRS since its not in your name anymore?

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