Comments on: Can an LLC or S-corp realestate investment co do 1031 Exchange? http://www.elicitfx.com/realestate-property/can-an-llc-or-s-corp-realestate-investment-co-do-1031-exchange Mon, 12 Jul 2010 22:58:59 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Costa Financial http://www.elicitfx.com/realestate-property/can-an-llc-or-s-corp-realestate-investment-co-do-1031-exchange/comment-page-1#comment-957 Costa Financial Sun, 22 Nov 2009 16:53:59 +0000 http://www.elicitfx.com/realestate-property/can-an-llc-or-s-corp-realestate-investment-co-do-1031-exchange#comment-957 Yes, as long as ownership stays the same. ABC corp sells, ABC corp needs to purchase. Dissolving entities or changing ownership before selling or after purchasing should be looked at by a tax adviser. A single member llc is considered a "disregarded entity" by the IRS and is the exception. John Smith single member llc can sell and John Smith the individual can purchase. www.1031alternatives.net<br><b>References : </b><br>www.1031alternatives.net Yes, as long as ownership stays the same. ABC corp sells, ABC corp needs to purchase. Dissolving entities or changing ownership before selling or after purchasing should be looked at by a tax adviser. A single member llc is considered a "disregarded entity" by the IRS and is the exception. John Smith single member llc can sell and John Smith the individual can purchase.

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References :
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]]> By: Russ B http://www.elicitfx.com/realestate-property/can-an-llc-or-s-corp-realestate-investment-co-do-1031-exchange/comment-page-1#comment-956 Russ B Sun, 22 Nov 2009 16:16:59 +0000 http://www.elicitfx.com/realestate-property/can-an-llc-or-s-corp-realestate-investment-co-do-1031-exchange#comment-956 The short answer is maybe or yes. However, there are restrictions. It is a complex tax question that can't be answered here. I suggest that you talk to an Enrolled Agent in your area.<br><b>References : </b><br> The short answer is maybe or yes.

However, there are restrictions. It is a complex tax question that can’t be answered here. I suggest that you talk to an Enrolled Agent in your area.
References :

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