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Updated over 6 years ago,
Planning a 1031 -- need a good broker
I plan to sell a 4 family in Hudson county, and 1031 to another investment multifamily/commercial mix use in Bergen/Hudson County or around. And the property to buy will depend on how much I can sell the 4 family. Surely the sale price will be higher than that i paid for.
1) Any broker you can recommend for such a deal? Someone who knows the 1031 timing, legal and tax and financing concerns, and finding a deal to buy. I had RE license before. Shall i find a commercial broker instead of residential broker?
2) The 4 family is not in LLC name. Shall i change it to LLC before I sell, so as to better facilitate the 1031 and for the buying deal?
Thanks.