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Updated almost 4 years ago,

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71
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49
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Prithvi Sri
49
Votes |
71
Posts

How to move a 1031 Exchange Property ownership to an LLC

Prithvi Sri
Posted

I recently sold an investment property and buying a restaurant building in exchange through 1031 . The relinquishing investment property was on my name which I bought many years ago. Now that the investment has grown into a considerable amount of money, I would like to put it into an LLC. So the question is, how do I transfer a 1031 exchange replacement property from my name into an LLC?

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