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 4 years ago,
Should I do 1031 in my personal name or LLC?
My rental house is currently in my personal name but was thinking of transferring it into an LLC for asset protection reasons. Within 10 years I will probably sell it and do a 1031 exchange into another rental property. I've been told it would be easier to buy/sell property if it was in my name as well as get qualified for a mortgage if I cannot pay cash for the difference. Could I put the house in the LLC for now and then switch it back to my name before I sell? What would be the best, or more importantly, the easiest way of doing this? I am in the state of Arizona.