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1031 Exchanges
HomeForums1031 ExchangesQuestion about the reinvesting and bringing on a partner
Jason Carter's profile image
Jason Carter's profile image
Jason Carter
Pro Member
  • Rental Property Investor
  • from Culver City, CA
  • Member since Apr 3, 2012
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Jason Carter's profile image
Jason Carter's profile image
Jason Carter
Pro Member
  • Rental Property Investor
  • from Culver City, CA
  • Member since Apr 3, 2012
Connect
Jason Carter
Pro Member
  • Rental Property Investor
  • Culver City, CA
244
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1031 Exchanges

Question about the reinvesting and bringing on a partner

Jason Carter
Pro Member
  • Rental Property Investor
  • Culver City, CA
Posted Mar 16 2015, 16:55

Say, I'm selling a house for 200K but I owe 80K on it. 

As I understand it I have to reinvest 200K to complete the 1031 Exchange. 

Could I take the 120K of my money + 30K of my cash + 50K from a partner?

I guess what I'm asking is does that 200K have to come completely from my funds? Or can a portion come from a partner? 

Thanks in advance! 

J

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