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mike9
Level 4
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  • Hi All:Thanks so much for all your kind responses to this question. Situation was resolved as follows so the 1031 will qualifySMLLC owner decided not to bring i...
    mike9
    Oct 21, 2024
  • Seller owns a property elects 1031 and sells his property. Intermediary places proceeds into an LLC ( owned by seller and a new member) and LLC purchases the re...
    mike9
    2
    Oct 21, 2024
  • I was not confused My clients partners "CPA "is advising that this is OK.or some trusts. I think the code proscribes changing ownership unless it is between. ma...
    mike9
    Oct 21, 2024
  • Can the replacement property be owned by a new LLC owned by the original seller (relinquished property)and a new Investor. The new investor ( unrelated) do know...
    mike9
    11
    Oct 21, 2024
  • Thanks all of you for taking the time to help me in this crazy time.You are all awesome!!CheersMike
    mike9
    Mar 23, 2024
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Member Since ‎12-07-2019
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