Thread: Can an LLC or S-corp realestate investment co do 1031 Exchange?
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Old 07-24-2007, 04:30 AM
ibkid i ibkid i is offline
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Default Can an LLC or S-corp realestate investment co do 1031 Exchange?
I have been buying realestates and have held the property under an S-corp or LLC. I am planning to sell and then do a 1031 exchange. Can LLC/S-corp do this? I have done it in the past as an individual person, but not sure if the IRS allows a corporation/LLC investment firm to keep on deferring the gains.
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