Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
1031 Exchanges
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Lisa Brez
0
Votes |
2
Posts

1031 exchange on rental house owned with family member in exchange for owned by one family member

Lisa Brez
Posted

I currently own a rental property with family member (will call A) where we both put in 50%.

CMA on this property #1 is @ $75,000 my share is $37,500.

"A" also owns a property #2 valued at $450,000 and would like to sell. 

Please explain how I can do a 1031 Exchange (with relative) where I would exchange my value of #1 and give A full ownership and exchange for property #2?

Can this be done and what is the easiest transition to make this happen

Thanks

Lisa

Loading replies...