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1031 Exchanges

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Jay Chan
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1031 Exchange with S-Corporation

Jay Chan
Posted Sep 9 2020, 16:50

Hello Everyone,

I have three S-Corps. Each S-corp has its own property. For reference we can call then Corp-1, Corp-2, and Corp-3. I am the President and 100% Shareholder in each corporation.

Currently, I am closing on a property in Corp-1 and will be doing a 1031. Would it be possible for Corp-1 to purchase properties from Corp-2 and Corp-3 in a 1031?

Thank You

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