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Updated about 6 years ago,
For 1031, shall I buy in LLC or personal names?
If you have 3 investment properties in personal names, how can you later sell each and buy another in order to qualify for 1031? They can mix up.
If you buy each in different LLC names, easier for 1031 tax purposes.
Buying in personal names, it is way easier for financing. One of my lenders does not work with LLC lending.
Maybe I shall choose a new lender. But surely, LLC costs more money to set up and maintain.
How do you do ?