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Updated almost 2 years ago on . Most recent reply

Rachel Mazzanti's profile image
Rachel Mazzanti's profile image
Rachel Mazzanti
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Rachel Mazzanti's profile image
Rachel Mazzanti's profile image
Rachel Mazzanti
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  • Member since Oct 17, 2020
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Rachel Mazzanti
  • Virtual Assistant
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42
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89
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1031 Exchanges

1 LLC with multiple properties

Rachel Mazzanti
  • Virtual Assistant
  • Remote
Posted

Hello BP,

I am just curious if someone has a LLC and multiple properties, how difficult is it to do a 1031 if it was just for 1 property that is being sold?

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Whitney Nash's profile image
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Whitney Nash
  • #5 1031 Exchanges Contributor
  • Qualified Intermediary for 1031 Exchanges
  • from McKinney, TX
  • Member since Sep 4, 2018
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Whitney Nash's profile image
Whitney Nash's profile image
Whitney Nash
  • #5 1031 Exchanges Contributor
  • Qualified Intermediary for 1031 Exchanges
  • from McKinney, TX
  • Member since Sep 4, 2018
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Whitney Nash#5 1031 Exchanges Contributor
  • Qualified Intermediary for 1031 Exchanges
  • McKinney, TX
143
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42
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Whitney Nash#5 1031 Exchanges Contributor
  • Qualified Intermediary for 1031 Exchanges
  • McKinney, TX
Replied

Hello @Rachel Mazzanti

If the LLC owns multiple properties and you only want to do a 1031 exchange for one of them, that is completely fine so long as the 1031 requirements/rules are followed.

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