[WSBARP] 1031 Exchange questrion

[Kathleen Hopkins]

Not sure if he is on this listserv but Kelly Yates (in Seattle) will know your answer.



Kathleen J. Hopkins
Real Property Law Group, PLLC
1326 Fifth Avenue, Suite 654
Seattle, WA 98101
Phone & Fax: (206) 625-0404
Home (please use during COVID-19 lockdown): 425-844-2749
email: khopkins at rp-lawgroup.com
www.rp-lawgroup.com<http://www.rp-lawgroup.com/>

*Licensed in Washington State.


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From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of nestor at pplsweb.com
Sent: Friday, May 22, 2020 9:31 AM
To: 'WSBA Real Property Listserv' <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] 1031 Exchange questrion

I would defer to our expert Stephen Wayner, but years ago I had clients who were  two partners that had two separate partnerships owning two separate properties and they sold both with a 1031 where each partnerships ended up owned a 50% interest in the new property.

Nestor Gorfinkel, Attorney at Law
Licensed in Florida & Washington
Florida Civil-Law (International) Notary

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From: wsbarp-bounces at lists.wsbarppt.com<mailto:wsbarp-bounces at lists.wsbarppt.com> <wsbarp-bounces at lists.wsbarppt.com<mailto:wsbarp-bounces at lists.wsbarppt.com>> On Behalf Of Bryce Dille
Sent: Friday, May 22, 2020 9:07 AM
To: 'WSBA Real Property Listserv' <wsbarp at lists.wsbarppt.com<mailto:wsbarp at lists.wsbarppt.com>>
Subject: [WSBARP] 1031 Exchange questrion

Can a tenant in common exchange interest in real property (50%) for tenant in common interest in another parcel of real property (50%) if the exchanger already owns the other  50% interest in that parcel the exchanging parties are unrelated. Thanks

Bryce H. Dille
Dille Law, PLLC
2010 Caton Way SW Ste. 101
Olympia, WA 98502
Office: 360-350-0270
Cell: 253-579-5561

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Business Entity Creation and Management
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