General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Understanding Slightly Complicated 1031 Exchange
I know I can ask the 1031 exchange experts directly here through private messaging but I think this can be a helpful conversation for some other members in the forum.
I have a business partner that we own a commercial real estate together 50/50 in Silicon Valley.
And both of us have our own residential rentals.
One of our conversation was to 1031 exchange our office condo to a multi-family 5+ property.
However we are exploring other options will any of these work?
1. office condo exchange to 2 separate properties (property could be different types) both our names on both properties
2. office condo exchange to 2 separate properties one under my name and the other under his name.
3. 1 of my property, 1 of his property, office condo exchange to one multifamily apartment - adjust by adding capital so we end up 50/50.
4. 1 of my property, 1 of his property, office condo exchange to two multifamily apartment (one under his name and one under my name)
I'm sure there a several minor details that needs to be worked out but we are just in the brainstorming stage.