@mtf1 wrote:
Thanks. Since the property is in a different state as my primary residence, would buying thru the llc to avoid that state’s probate qualify as a substantial purpose, in your opinion!
The problem at the outset is that merely buying through an LLC (or corporation) would not avoid probate. Joint tenancy, trusts, TOD accounts, life estates, and the like avoid probate; interests in LLCs and corporations generally do not.
Even assuming the transaction did avoid probate, I sincerely doubt that would be sufficient, in and of itself. Basically, your real economic position needs to change (in a way that, presumably, benefits you).
