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Updated almost 18 years ago,
Question about LLC and also about 1031
Can I buy something personally and transfer it into an LLC later? If so how does that work?
Also can I sell a property and 1031 exchange the proceeds (tax free of course) into the mortgage payment of a property I already have owned for a while? Or must I buy an totally new property with the proceeds around that same time?
Thanks, this forum is really great.