1031 exchange into fractional interest

I have a rental home property in California since 1987. I want to sell that rental home under 1031 Exchange and invest all of my capital gains in a partnership (may be TIC) in my friend's MOTEL business in PA, MD, & VA.

Does this qualify under 1031 exchange?

Dear Mr. P: If your purchase is structured correctly your exchange will succeed. You need to take title to the Motel in the same name that you sell. Yes, take title to the Motel as tenant in common if you own the CA property in your own name. You can 1031x 1005 of the relinquished property into a fractional interest in the replacement property. Sincerely,