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Updated almost 4 years ago,
1031 Exchange - Name change
Hello, I own a % of a family farm and would like to do a 1031 exchange with my proceeds once the farm has sold. When the property is sold, it will be done in the family name and the proceeds will be distributed to each recipient. How do I do a 1031 exchange since the property isn't in my business name? The shares I hold are in my personal name.