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Updated about 10 years ago on . Most recent reply presented by

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8
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0
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Jorge Jimenez
  • Realtor
  • Alameda, CA
0
Votes |
8
Posts

Can I use a 1031 to buy the rest of a bldg. I partially own?

Jorge Jimenez
  • Realtor
  • Alameda, CA
Posted

Hi all!

this is my first time posting so if I goof on etiquete or post something in the wrong place let me know! Thanks. 

I own a 8 unit apartment building with my sister as tenants in common. I would like to buy her out and own the whole building. Can I sell a duplex and use a 1031 exchange to buy my sisters ownership?

Thanks 

Jorge

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