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1031 Exchanges
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Updated over 5 years ago,

User Stats

5
Posts
2
Votes
Byron Gardner
  • Atlanta, GA
2
Votes |
5
Posts

Is a 1031Exchange an option?

Byron Gardner
  • Atlanta, GA
Posted

Is this scenario an option for a 1031?

- Three owners of Two commercial real estate properties

- owner A has been unwilling to sell, buy out owner B and C or lease one empty property, emptied out bank account sabotaging the company.

- the Corp is being dissolved via court ruling at auction

Can owner B and C 1031 that from the auction into another property?

Can they buy the two properties back at auction using 1031 exchange?

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