Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago,

User Stats

31
Posts
11
Votes
Obin Olson
  • Rental Property Investor
  • atlanta ga
11
Votes |
31
Posts

1031 split up to 5 partners...how?

Obin Olson
  • Rental Property Investor
  • atlanta ga
Posted

Scenario:1 commercial prop owned by 5 people

Goal: sell it to me but they each want to split proceeds AND use 1031 to go buy individual props.

problem: not doing a single like-kind exchange it looks like they can't split it up and go invest in props individually 

solution/reward: anyone(attorney) that can solve this by creatively coming up with a method UP front OR on the back end of this transaction gets my business to solve this problem.

text me if you think it can be done and let's discuss asap, I want this prop, the price is agreed, we just need to solve this issue.

nine one zero two six two three four three four

thanks.

-Obin Olson

Loading replies...