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Updated over 2 years ago,

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Andy Bills
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5
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1031 exchange from personal to llc?

Andy Bills
Posted

Howdy BiggerPocketeters? 

Fast forward 4 years since this posting https://www.biggerpockets.com/...

Now my house in Santa Clara has appreciated but I have a little tough time finding tenants. I am wondering if I can do a 1031 exchange to leverage the built in equity (around 1M) to finance and take a much larger loan to buy a MFH property in Santa Clara itself? And also can I use a LLC to take the new bigger loan so as to protect my own home?


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