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Whats up guys, Its Clint Coons here. And in this video, I want to talk about a 1031 exchange mistake you might be committing when you buy replacement property. Okay, lets get started. Okay. This is the deal here. When it comes to 1031 exchanges, theres a lot of information out there. It gets bounced around. Some of its totally accurate and some of it is questionable, which in turn leads people to make decisions that typically arent in their best interests. When we think about asset protection planning and most notably, what it comes down to is when youre buying replacement property, how you have to take title. Most individuals that Ive dealt with that have come to me always company with the same scenario, Oh, I talk to this person or I talked to my a CPA or an attorney and they told me that I have to close in the same entity that is selling the property. And so what does that mean? Well, for example, if I have a limited liability company, this is actually a deal that I just dea