1031 Exchange with Partner?

[Craig Orput]

Through my divorced, I ended with about $80K from the sale of our rental property. It's in a 1031 exchange with an intermediary. Can I invest it with another partner if we buy a new property valued at $190K as long as my portion is $80K or more? Both our names would be on the deed.

[Craig Orput]

Dave,

thanks for the info. That was very helpful. Unfortunately, I left out an important piece of information possibly. My partner currently owns the town home. So I was going to buy into the townhome and then we are going to convert it to a rental. My QI hasn't really answered my question. I'm wondering if she doesn't have much experience in this area as it's not a common situation. I would think it would be possible to do a joint tenants in common even though it's currently owned by my partner period wouldn't that just be the way the title and paperwork is set up? I'm going to call my QI again.