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Updated over 4 years ago,
Property Swap - 1031
Has anyone had any experience swapping properties. I’m trying to sell a property for another property, Entity A owns Property 1, Entity B owns Property 2, we want to swap our properties so that Entity A winds up with Property 2 and Entity B winds up with Property 1. We want this to be handled as a 1031 exchange where the basis transfers from one property to another. We are having problems finding an attorney in PA who has done this.
Any advice would be helpful.