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

laura1
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George4Tacks
Level 15

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. 


Here's wishing you many Happy Returns

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George4Tacks
Level 15

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. 


Here's wishing you many Happy Returns
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