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Updated almost 18 years ago,

User Stats

73
Posts
3
Votes
John Public
  • Real Estate Investor
  • Southeast, FL
3
Votes |
73
Posts

Question about LLC and also about 1031

John Public
  • Real Estate Investor
  • Southeast, FL
Posted

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.

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