I was wondering if one can sell a SFH and move that money to a Multifamily Syndication as a passive Investor under 1031 exchange?
@Chai Jonn my understand is that yes you can
@Chai Jonn , Generally LP syndications are not compliant with 1031 exchanges. To qualify for 1031 treatment you are selling investment real estate and must purchase investment real estate. In the normal syndication you are not purchasing actual real estate. You are purchasing a membership interest in an entity that owns real estate. That does not qualify.
There are a couple of other syndication-like products that will qualify if what you're trying to do is go from active to passive management but retain the tax deferral and other real estate ownership benefits. Specifically Delaware Statutory Trusts and Tenant's in Common projects.
We've accommodated 8 1031 exchanges into our current deal via TIC. It's a bit of a lift administratively but yes it's possible.