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Updated 7 months ago,

Janki Patel's profile image
Janki Patel's profile image
Janki Patel
  • Member since Jul 3, 2024
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1031 Exchanges

1031 from 1 relinquished to 3 replacement with additional ownership

Janki Patel
Posted

I have a partnership (1065) selling the property and 1031 into 3 different replacement properties. Can the selling partnership own 50% into the new properties and another partnership own the other 50%? All the cash from 1031 will be invested and the valuation of the 3 new properties is more than the replaced. 

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