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• 1. G

     1031 Exchange from LLC to an Individual?

     The LLC owns two rental homes and a ranch. Member A of the LLC want’s to buy out the others (including myself) and own the ranch out right (as an individual). Member A of the LLC also owns a separate rental property outside of the LLC. The sale of the two rental properties owned by the LLC, plus...

     • gjasons4
     • Post #3
     • Sep 17, 2018
     • Forum: Other Real Estate Law Questions
  2. G

     1031 Exchange from LLC to an Individual?

     I am a 1/6 partner in an LLC with my aunt, uncle and sister. The LLC owns rental property up in Oregon. The LLC plans to sell the rental property located in Oregon. Can I do a 1031 Exchange and purchase rental property in California changing title from the LLC to myself (an individual)? Also...

     • gjasons4
     • Thread
     • Sep 17, 2018
     • Replies: 8
     • Forum: Other Real Estate Law Questions