# IRA's LLC and 1031 exchange

**URL:** <https://discussion.mainstreetbusinesspodcast.com/t/iras-llc-and-1031-exchange/113>\
**Category:** Tax Strategies\
**Created:** [October 25, 2022, 12:26am UTC](https://discussion.mainstreetbusinesspodcast.com/t/iras-llc-and-1031-exchange/113 "2022-10-25T00:26:51Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Gerry](https://avatars.discourse-cdn.com/v4/letter/g/c77e96/32.png) [@Gerry](https://discussion.mainstreetbusinesspodcast.com/u/Gerry)\
**Post date:** [October 25, 2022, 12:26am UTC](https://discussion.mainstreetbusinesspodcast.com/t/iras-llc-and-1031-exchange/113/1 "2022-10-25T00:26:51Z")

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Hi Guys, I am having you set up a Tennessee based LLC made up of 5 IRA’s ,( my 3 sons and 2 for myself) . Am I able to use that LLC for 1/4 ownership of a new purchase and have a 1031 exchange that I own personally be the other 3/4 owner. It is held in my personal name. If it is possible to do, would I need to pay bills from 2 seperate bank accounts? The LLC and the personal for the correct proportion? Thank you