xiang
Returning Member

1031 Exchange and Title

My wife and I are going to sell an investment property which both of us are on the title, and 1031 exchange it into 4 other properties. Do we both have to be on the title of the 4 other properties, or can one of us on two properties separately (we plan to get loans of these properties separately)? The 1031 exchange service provider said they recommended both of us take the titles of the replacement properties but they said I should check with CPA on this. Thanks a lot!