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Updated over 1 year ago, 04/25/2023
Steps on Selling 1031 exchange property to another LLC same owners
I sold a property in California which was registered in an outstate LLC; and did an 1031 exchange and bought property in another state in which the LLC is originally registered. I want to sell the property to another LLC I owned.
1.Do I have to pay capital interest from the original exchange since the new LLC has different EIN?
what is the best way to do this.