Hello All,

Husband and Wife had a partnership that was created to buy/remodel/rent a home.

They refinanced the loan and the partnership ownership dropped off, naming the husband and wife as owners instead of the original partnership name.

Then a year later they did a 1031 exchange in their individual names.

I have to dissolve their partnership as it doesn't stand because of the 1031 exchange.

How do I distribute all the assets, rental home and vehicles, without creating undeserved losses?

Thank you