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Updated almost 7 years ago on . Most recent reply

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Bob E.
  • Queen Creek, AZ
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Changing Title to Another Entity After Doing a 1031

Bob E.
  • Queen Creek, AZ
Posted

We did a 1031 exchange around the middle of 2017 where we sold one property in Phoenix and bought several in the midwest, everything closed in 2017.

We did the exchange in a trust and want to move the property to an LLC we own. Both entities are owned by my wife an I. Is there a waiting period, do we need to move all properties at the same time, are there other things I need to be aware of?

Thanks,

Bob

Most Popular Reply

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Andrew Kerr
  • Rental Property Investor
  • Everywhere, USA
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Andrew Kerr
  • Rental Property Investor
  • Everywhere, USA
Replied

@Bob E. I would check with @Dave Foster

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