Suggestions where to go with my 1031

[Adam Hill]

I'm looking for help clarifying my next move.

Closing the end of this month on a multifamily in Portland, Maine. Sold for $2.3m with $1.3m in equity. Purchased through a 1031 and keen to keep it rolling. Have been looking nationally at NNN and the range of offerings has clouded my decision making. I'm non resident so will need a hands free investment/full management. Open to suggestions.

Thanks in advance.

[Jared Smith]

@Adam Hill, Congratulations on your deal and as you are probably seeing, things on the commercial side are a little cloudy currently with where rates are and the amortization period required. Sounds like you are looking for a safe place to park this money but also have some upside. Have you thought about breaking this up into smaller investments that are managed so that you can recover chunks of your capital over time with a fraction of the tax implications instead of having to sell an entire building and just keeping the 1031 process in perpetual motion?