You don't have to track your basis in the securities or calculate any capital gains.As always, please consult your tax professional for advice on your specific situation. 

I work in analytics consulting and have managed my finances and investments well by myself. 401k, investment accounts, high yield savings account, own a house in a nice neighborhood with a traditional 30-yr mortgage, etc. 

I am a rookie investor working on building my portfolio and a structural engineer offering consulting on any structural concerns you have for houses you may buy, or if you want to know out a wall to open up some rooms in your next flip. 

You may want to consult a real estate attorney to ensure your lease covers all necessary details.3.

Better hire NY lawyer for consultation and ask the solution

For my clients real estate businesses they pay between $4,000 and $650k purely for tax prep and tax consulting, does that help?

You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.

The IRS typically requires the same entity that performed the 1031 exchange to continue owning the property to maintain tax deferral.To avoid any unintended tax consequences, it’s crucial to consult with a 1031 exchange expert or tax advisor before dissolving the LLC or making any distributions.

If you want to have your own LLC for your own benefit or where every member is active, that is another story.Also agree with Chris that you should consult with an attorney.

Please consult a tax professional for the most accurate information specific to your situation.The Four Astorias11105 Zip CodeMost of the 2-family inventory can be found in Astoria’s Northernmost section which falls within the 11105 zip code.