I am a 50% member in an LLC with my business partener Chris.\nWe have just sold a building and are intending to enter\ninto a 1031 exchange. One of the properties we have\nidentified is Chris' mothers residential investment\nproperty. She has lived in the home for 2 out of the last\nfive years. If we purchase the property and she "cashes\nout" so to speak, do we disqualify the exchange as part of\nthe related pary exception in the IRC 1031? Can we get\naround this problem by decreasing Chris membership in the\nLLC to less than 50%? Thanks for your help on this matter,\nI'm sweating bullets.