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Updated about 1 year ago,

Ladd McClain's profile image
Ladd McClain's profile image
Ladd McClain
  • Member since Jun 6, 2021
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Ladd McClain's profile image
Ladd McClain's profile image
Ladd McClain
  • Member since Jun 6, 2021
Connect
Ladd McClain
3
Votes |
8
Posts
Buying & Selling Real Estate

1031 purchase: Tenants in common or Joint tenancy

Ladd McClain
Posted

My wife and I created an LLC to purchase a 4plex a few years ago. We are the 'members'. We just sold and need to 1031 our proceeds into a new property. I understand our LLC needs to purchase the property. About to start shopping but realtor wants to know how we will 'take title', as Tenants in Common or Joint Tenancy. Which is best for an LLC with two members?

Colorado Springs, Colorado
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