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Updated over 10 years ago on . Most recent reply
1031 exchange
Can you 1031 exchange a property owned by your LLC into two properties you own personally. example below
Steve & Matt are partners on a 4plex. They change title of there 4plex to their LLC
Than they 1031 exchange there 4 plex now under the LLC name to two rentals they own together under there personal names.
They would now have ownership of there two rentals homes as the LLC? Is this allowed I know a little complicated.