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Updated over 4 years ago on . Most recent reply presented by

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Tzvi Nussbaum
  • Charlotte, NC
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13
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Doing a 1031 exchange from 2 LLC's using agency debt

Tzvi Nussbaum
  • Charlotte, NC
Posted

My buddy and I are each selling a property from different LLC's. He has his own LLC and I have my own. We have never partnered together before. We are trying to purchase a large property with agency debt. Fannie and Freddie require us to take title in a single entity LLC. Each relinquished property has to go from the same LLC/members to the same LLC/members. How do we get this done?

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