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Updated almost 3 years ago,

User Stats

29
Posts
10
Votes
Matthew Holland
  • Rental Property Investor
  • Palo Alto, CA
10
Votes |
29
Posts

Can I do a 1031 exchange and go into a joint ownership deal?

Matthew Holland
  • Rental Property Investor
  • Palo Alto, CA
Posted

Hello BP Crew,

I'm about to sell a property where I have around $100k in short term capital gains.  I have sole ownership with just my name on the title.  Can I do a 1031 exchange and buy a property where I will have joint ownership with another person?  The other person would be a partner (not a spouse).  

Thanks in Advance.  Any advice is greatly appreciated.  

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