1031 Exchange. Multiple People

[Chris Berg]

We need help! Recently I have sold an investment tri-plex. I have the 1031 in place and ready to roll into something else. My best friend has 10 days remaining to declare his 1031 property.

I have found a property that will benefit us both. 

Question 1: can we both 1031 into the same property?

Question 2: if yes, can we keep our cost basis separated? 

Question 3: what else am I missing?

Thanks