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Updated over 2 years ago,

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5
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1
Votes
Soraya Kashani
1
Votes |
5
Posts

Quit Claim 1031 Exchange

Soraya Kashani
Posted

My husband & I have several properties we purchased with 1031 exchange monies. We have recently started an LLC and would like to quitclaim those properties to the LLC. Is this allowed or would it throw up a red flag to the IRS as a sale?

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