1031 Exchange from individual to LLC
I am about two weeks away from officially starting an LLC with one other individual. Before forming the LLC that individual and I bought and are still in the process of flipping a house. The property is only in my name. I want to roll the sale of this property into another property that we we are looking to purchase with our LLC in about two weeks. It will be an owner finance purchase. Is there any way to pull off this 1031 exchange?? Any help will be much appreciated, Thanks!
