Sold 1031 property in Sole Proprietor self Name - Buy in LLC name

[Susan O.]

I have a property I sold and doing a 1031 exchange and about to purchase my upleg.

When I close on the upleg property can I change title to an LLC that i'm 100% owner?

So is it possible if I sold and the property was in my own name -> then the purchase can be in a self owned sole owner LLC? So title would be different?

[Ronald Rohde]

Check with your QI, but generally the tax ID needs to be the same. Disregarded entities count as the same for single member LLC.