Can I complete a 1031 exchange if I own property through a partnership or other entity?

Yes, there are several options for investors who own a partnership interest and want to complete a 1031 exchange:

Drop and swap: The partnership can dissolve and convert into tenants in common (TIC) ownership before the sale. Each TIC owner then can choose to either complete a 1031 exchange with their share or to pay taxes on the sale.
Partial exchange: The partnership can sell the property and do a partial exchange with the proceeds. Partners who do not wish to exchange can be bought out with after-tax proceeds, while those who want to defer taxes can retain ownership.
Origin Exchange: If all partners agree to stay together for at least two years, the partnership can complete a 1031 exchange into a Delaware Statutory Trust (DST). If and when the DST is acquired by Origin Investments’ IncomePlus Fund and transitions into an UPREIT 721 exchange, partners can retitle their interest into individual ownership tax-free under a 721 exchange. Each option depends on the partnership structure and investment goals, so it’s important to consult with a qualified intermediary (QI) or tax advisor.