Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
1031 exchange single member LLC
Have a rental house owned by a single member LLC that I am trying to sale. If I choose to do the 1031 exchange, can the new identified property, a vacation rental, be in titled in both my husband and my name jointly or would it only be able to be in my name only since it was a single member LLC? We file joint tax returns. Thinking about individual mortgage on the vacation rental to have longer terms, cheaper interest rate, and a lower payment than a portfolio loan but would take both of us to qualify for the new loan.