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	<title>Georgia Real Estate Investing &#187; 1031 Exchanges</title>
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		<title>IRS Issues PLRs Approving Two-Party Tenancy-in-Common Ownership Arrangements in 1031 Exchange</title>
		<link>http://gareinvesting.com/irs-issues-plrs-approving-two-party-tenancy-in-common-ownership-arrangements-in-1031-exchange/</link>
		<comments>http://gareinvesting.com/irs-issues-plrs-approving-two-party-tenancy-in-common-ownership-arrangements-in-1031-exchange/#comments</comments>
		<pubDate>Fri, 26 Sep 2008 17:34:04 +0000</pubDate>
		<dc:creator>GA R.E. Investing</dc:creator>
				<category><![CDATA[1031 Exchanges]]></category>
		<category><![CDATA[Investment Property]]></category>
		<category><![CDATA[Save Tax]]></category>
		<category><![CDATA[Tenancy-in-Common]]></category>

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		<description><![CDATA[This update is courtesy of www.rees1031.com
In three recent private letter rulings (&#8221;PLRs&#8221;), the IRS ruled that two 50% undivided fractional interests in real property did not constitute an interest in a business entity for purposes of qualification as eligible replacement property in a IRC s. 1031 exchange.  The rulings are also significant in that they [...]]]></description>
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