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Can I exchange my property for a partial interest in a different property and vise versa?

April 26, 2017different exchange partial Property versa vise

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Can I exchange my property for a partial interest in a different property and vise versa?

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Yes and No. You can exchange your 100% interest in a property for a fractional interest (e.g. 50%) of another property provided you do not create a partnership. You may also exchange a tenancy in common interest for an undivided interest. This is a very complex area and the answer to the question can change with small changes in the facts of your particular situation. Call one of our exchange experts to discuss the details of your particular fact pattern.