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Updated about 6 years ago,

Albert Gayed's profile image
Albert Gayed's profile image
Albert Gayed
  • Member since Nov 12, 2018
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Albert Gayed's profile image
Albert Gayed's profile image
Albert Gayed
  • Member since Nov 12, 2018
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Albert Gayed
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New Member Introductions

1031 exchange rental property move to LLC

Albert Gayed
Posted

Greetings to All, 

First, I would like to thank everyone for the very informative posts. I have a question, Last week, I bought a rental property (6 apts. building) with a 1031 exchange, actually 2 equal amount exchanges my brother and mine. For liability protection, can I form an LLC with my brother and move/transfer the rental property to the LLC without effecting the 1031 exchange requirements.   
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