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  • 1.  1031 exchange

    Bronze Most Valuable Member
    Posted 02-23-2022 09:40 AM
    A partnership (2 partners) own a commercial RE in Bklyn. Partnership wants to sell the Bldg and do 10341 exchange. But partners do not want to stay together and prefers to own their own RE.  Can each partner identify the property and do their own 1031 exchange? Any suggestions?

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    Khozem Master
    KHOZEM MASTER, CPA PC
    Hicksville NY
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  • 2.  RE: 1031 exchange

    Platinum Most Valuable Member
    Posted 02-23-2022 06:29 PM

    Kozem

     

    They seem to be a candidate for a  " drop and swap".   You are welcome to call

     

    And on a different note,   its been a while, I hope you are well.

     

     

    Abby

     

     

    Abby Alhante,  CPA

     

    Kurcias  & Alhante, LLC  CPAs

    525 Broadhollow Road   Suite 104

    Melville NY  11747

    516.829-5890  Ext  2   Fax 516-829-3976

    Mobile 516-381-9301

    AbbyA@KurciasAlhanteCPAs.com

    ( E mail response preferred )

     

     






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