A standard 1031 exchange requires that the same entity selling the property also acquires the replacement property, which becomes challenging when proceeds are split between partners.Potential Strategy: "Drop and Swap"One approach is the "Drop and Swap" method:- Convert Ownership: Before the sale, the LLC distributes the property to the partners, converting joint ownership into individual tenants-in-common (TIC) interests.- Individual 1031 Exchanges: Each partner can then independently conduct a 1031 exchange with their share, deferring capital gains taxes by reinvesting in like-kind properties.Considerations:- Timing: The IRS may scrutinize transactions where the "drop" (distribution) and "swap" (exchange) occur in quick succession.

MLS, currently looking at other ways to acquire properties.

Growing means refinancing or selling in order to acquire more assets.

I would get a bridge loan to acquire the property if it needs to be rehabbed and/or closed quickly.

"hello, my name is ---, I'm interested in acquiring a commercial property like yours.

Acquire knowledge and skills or find the talent. 

I have been leaning toward acquiring existing assets as new-build in my area is about as expensive as existing assets AND it takes years to spin up until cash begins to flow.   

The S-corp has no funds to acquire this property legitimately.And your rent payments are not a deductible expense for you personally, but they ARE taxable income to your S-corp, and the S-corp taxes are passed down to - guess whom?

Congratulations on the duplex -My investor clients have acquired several multi-family investment properties locally in the market I operate in Northwest Indiana - Figure out your personal investment objective for the next 4 years and align yourself with the next property that make sense in this current market environment-

I acquired a property couple years ago and did a BRRRR on it.