Would this qualify for a 1031 exchange?

[Samir Nanjapa]

My in laws recently bought two residential properties (a townhome and a single family) with another couple they barely knew. Within a month of buying , their partners want out and are asking to list both properties or be bought out. If they were to sell one property and my in laws used the gains to buy out their partners to own 100% of the other property would that qualify for a 1031 exchange if they satisfied all other criteria?