There are some very specific 1031 exchange rules that investors must follow if they want the benefits of these swaps. First of all, properties must be the same type or "like-kind" to be involved ...

Since each tenant is a partial owner, this type of structure qualifies for a 1031 exchange. Keep in mind the ownership profits and losses can directly affect each of the investors involved.

As president, Harris might pursue: Income caps on 1031 exchange eligibility Restrictions on the types of properties eligible for exchanges Limitations on the amount of capital gains that can be ...