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But an umbrella policy instead and you have the same protection without triggering taxable events
I know this is a very specific question related to 1031, but I haven't been able to find any guidance from the IRS where they state the amount of time one must wait before transferring the title to avoid triggering a taxable event. So I would appreciate any knowledge/ideas. TIA!!
Don’t know the answer but probably turns on whether transfer to llc is a 1001 event.
DM me. I can help
Coach
Definitely contact a tax attorney for this specific question.
Spoken like a true attorney 😃