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1031 Exchanges
HomeForums1031 Exchanges1031 Exchange with a 50% Partner
Carlos Rovira's profile image
Carlos Rovira's profile image
Carlos Rovira
Property Manager
  • Investor
  • from Miami, FL
  • Member since May 21, 2015
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Carlos Rovira's profile image
Carlos Rovira's profile image
Carlos Rovira
Property Manager
  • Investor
  • from Miami, FL
  • Member since May 21, 2015
Connect
Carlos Rovira
Property Manager
  • Investor
  • Miami, FL
124
Votes |
328
Posts
1031 Exchanges

1031 Exchange with a 50% Partner

Carlos Rovira
Property Manager
  • Investor
  • Miami, FL
Posted Mar 5 2016, 05:06
I'm currently selling a property that I hold a 50% equity stake in. This property is titled using an LLC. It is currently for sale and I would like to use the proceeds to purchase more property. Question is as follows: once we sell the property, is it possible to 1031 exchange only my 50% of the sale proceeds so that I can buy property for myself, without my partner?
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