I wonder if your borrower’s lawyer explained that if they move their LLC, they must still register as a foreign entity in the state where the property is located to defend against any actions you might bring.

I am a new investor so I'm willing to put in time equity in exchange for knowledge and experience.

Greetings, finding a business/real estate lawyer that will actually return calls or emails has been taxing so I decided to post here to get the advice from all the gurus. Spouse and I are small time real estate invest...

This will allow you to take advantage of the Section 121 exclusion and you could do a 1031 exchange into the new property.

I’ve done one 1031 exchange in 25 years, I own every other investment property I’ve purchase in 25 years.

But the rules of the 1031 exchange will let you accomplish what you want without doing that too.

I bring a furnace filter to exchange. 

Transferring a 1031 exchange property into an LLC shortly after purchase typically won’t trigger immediate tax consequences for your wife if the LLC is a disregarded entity, as you file jointly.This post does not create a CPA-Client relationship.

A 1031 exchange is a great way to indefinitely defer the tax and use it to grow your RE portfolio, and build long term wealth.The most important factor in a 1031 exchange is that your qualified intermediary must be in place prior to the closing of the sale of your old property.

Not one dime went to overhead in our Charity each person and their discipline donated their time and money to the Mission.We then went about raising the 200k ( which was much tougher than what I thought) I spent 2.5 years on BP giving advice on PM's in exchange for donations.