Multiple LLC 1031 Exchange

[Travis Headley]

I currently have a rental portfolio with 25 SFHs in 1 LLC. Next I plan to purchase more property but will put it in a different LLC so that all my assets are not in 1 basket to reduce risk. Down the line when I want to exchange up using a 1031 exchange, are you limited to only using assets in 1 LLC or can you sell off multiple assets in multiple LLCs to try to purchase a much larger property?

[Travis Headley]

@Dave Foster

Thank you for the reply. I guess that would be the issue is getting multiple separate transactions closed at the same time within the window to purchase a replacement could be tricky.

My plan in the long run is to scale, so I am trying to figure out the best way to do so without it taking a really long time.