You should speak to and use a qi like@Dave Foster for your exchange.

Quote from @Dave Foster: @Cody Anderson, actually it's better than that. 

Justin messaged me on BP back in Nov. 2023.

With a passion for crafting unique property identities and a keen eye for potential, I specialize in turning under appreciated spaces into sought-after gems.Join me on this journey as we explore innovative strategies, uncover hidden opportunities, and elevate our investments to new heights.

Quote from @Dave Foster: @Jay Hinrichs spot on! 

Quote from @Dave Foster: @Jason Sung There is actually no statutory holding period.

I think you could split after sale for a non-taxable event, the total basis transferred in would be split across the two "new" properties.Calling @Dave Foster to give his insights here, lots going on in this one.

Whether it's joint ventures, co-investing, or sharing insights, I'm always eager to connect with other investors who share my vision for success in real estate.My goal is not just to succeed individually but also to contribute positively to the real estate community by fostering growth, innovation, and ethical investment practices.

It's important to me to act ethically, and it seems like one of the major goals of this site is to foster a community of investors that reflects well on real estate investment as a whole.

So for vast majority of the history where USA enjoyed position as net exporter, innovator, world currency standard, it was NOT a title held due exclusively to the USA "greatness" as we are all force feed.