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Updated over 8 years ago,

User Stats

3
Posts
0
Votes
Ron Pfister
  • denver, CO
0
Votes |
3
Posts

1031 Exchange partnership

Ron Pfister
  • denver, CO
Posted

I am part of an LLC that wants to sell a property using the 1031 exchange..

One of the 6 partners does not want to exchange and wants to take his

money out and pay the necessary taxes.....

Is it possible to pay this partner as a distribution and have the remaining

partners complete the 1031 exchange?????

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