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Updated about 3 years ago,
Adding son to Title on 1031 Exchange?
Hello, I have a RE client exercising a 1031 exchange, he has sold his investment property, and he and his son (who will be renting from dad at fair market value) have found a property that requires an owner-occupant. If the father adds his son to the house Title, is there a way to do this that keeps his 1031 tax deferment intact?
Many thanks for your help!
Many thanks for your help!