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1031 Exchanges

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Peter Massaad
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Using a 1031 exchange to fund a buyout

Peter Massaad
Posted Apr 17 2021, 09:28

I am day 7 into a 1031 exchange deadline. I own a different property (unimproved land unrelated to the exchange) with my father (50% ownership). Can I parlay my QI funds into an investment property I already own 50% of and "buyout" my father's 50% without complications? Title is in both of our names.

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