Skip to main content
Level 1
December 7, 2019
Solved

I have a client that did a 1031 exchange for partial ownership of a new property. Is partial ownership allowed for a 1031 exchange?

  • December 7, 2019
  • 1 reply
  • 3 views
No text available
This topic has been closed for replies.
Best answer by George4Tacks

Yes, provided it is like kind. Tenants In Common is a fairly common real estate exchange. I get rid of my building in exchange for X% of a shopping center. 

1 reply

George4Tacks
Level 15
December 7, 2019

Yes, provided it is like kind. Tenants In Common is a fairly common real estate exchange. I get rid of my building in exchange for X% of a shopping center. 

Answers are easy. Questions are hard!