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1031 Exchanges
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Updated almost 9 years ago,

User Stats

328
Posts
124
Votes
Carlos Rovira
Property Manager
Pro Member
  • Investor
  • Miami, FL
124
Votes |
328
Posts

1031 Exchange with a 50% Partner

Carlos Rovira
Property Manager
Pro Member
  • Investor
  • Miami, FL
Posted
I'm currently selling a property that I hold a 50% equity stake in. This property is titled using an LLC. It is currently for sale and I would like to use the proceeds to purchase more property. Question is as follows: once we sell the property, is it possible to 1031 exchange only my 50% of the sale proceeds so that I can buy property for myself, without my partner?
  • Carlos Rovira

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