1031 question - Posted by Lisa, Midwest

Posted by Lisa, Midwest on July 08, 2001 at 20:41:26:

Can you exchange into an LLC? Or does it have to be sole ownership. From what I’ve read, you can sell a single family and go into an apartment building. Should we set up an LLC first and transfer the single family into that, and then sell? Which way would work better. As you can see, I’m still working the rental sale.