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Updated over 6 years ago on . Most recent reply

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Josh Cochran
  • Developer
  • Spokane, WA
8
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29
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Setting up Partnership to 1031 individually at Future Sale

Josh Cochran
  • Developer
  • Spokane, WA
Posted

How does one set up a real estate partnership so if that partnership eventually sells, each member can 1031 exchange their individual share at a future sale?

(It is my understanding that typically partners cannot 1031 exchange into new individual investments, they could only 1031 together into a new investment)

Thanks in advance!

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

@Dave Foster will know the answer, if there is one.

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