1031 exchange, syndication, taxes
I recently learned that a syndication can sell (or refinance) a property, and you can withdraw your funds (and yourself) from the syndication. Also, though very difficult, the syndication can 1031 into a larger property. Here's my question. If I'm in a syndication and I want to get out during the sell or refinance, would I be able to use my gains (entire funds) to 1031 exchange into a qualifying property, by myself, to defer taxes. Or, would it be pointless since the original funds were taxed, the yearly returns were taxed, and, since it's typically a minimum 3-5 year investment, is there any capital gains tax due to the length of the investment?