All Forum Posts by: Christopher Louden
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Post: Can my LLC 1031 into a property owned by my other LLC?

Christopher LoudenPosted
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I have a property owned by a member-managed LLC in Hawaii. Can it be 1031 exchanged into a like-kind property in Washington state owned by an LLC where I am also a member-manager? (Why you ask? Washington State has no personal income taxes and the gain on the Washington property, would be less than the Hawaii property).