Doing a tax-deferred "Structured Sale" of land, in "exchange" for U.S. Treasuries?

[Eric Amundson]

Do any of you have experience in having a qualified intermediary broker a tax-deferred "Structured Sale" of real estate, in "exchange" for U.S. Treasuries? Can this even be done? How did you find a "qualified intermediary", willing to facilitate this for you?

[Dave Foster]

@Eric Amundson, You can't do a 1031 exchange into non-real estate passive investments because it has to be investment real estate for investment real estate.

However, there are syndications that do qualify for 1031 treatment because of how they are structured, such as UPREITS (Real estate investment trust), or DSTs (Delaware statutory trust).

Be forewarned that if you reinvest the proceeds into an UPREIT, your defered journey stops there and you can no longer 1031 out of the trust.

If you invested the proceeds into a DST, you would get a tax-deferred and passive investment opportunity, but you would also be able to do an exchange back into brick and mortar or into another DST and continue deferring the tax.