1031 Syndication Funds - Need TI?

[Craig Fitzsimmons]

Hi All,

I am investing in my first syndication. Ideally I'd like to 1031 my profits when the deal sells in 7-8 years. In order to do so, does my LLC need to be listed as a tenant in common?

Anything else I need to be aware of?

My LLC is a sole proprietorship, so that makes it a little more straightforward for taxes.

Thanks in advance!

Craig