1031x options for liquidity

[Dan Fritschen]

Hello.  Is there a type of an investment for a 1031x that is liquid within a year?

the reason is my cousin who I am trustee for owns a rental property. My cousin has terminal cancer and is in hospice and will pass away in 6 to 12 months from now. 

My cousin has no assets other than this rental. She does not have money for her expenses and is borrowing at a high rate of interest which is becoming impossible 

the idea is to sell my cousins rental property take a boot to cover her expenses and the rest ($750,000) do a 1031x.   When she passes the asset that was purchased as part of the 1031 would then be liquidated and distributed to heirs with no taxes 

The goal is to get her the cash she needs from her asset without paying any/minimal capital gains.  

Any suggestions would be helpful

we will hire an expert to manage this transaction.  So if you help you will get the job to manage all this :)  

Thank you 

[Dave Foster]

Thanks for that shout out @David M..  @Dan Fritschen, DSTs are not generally going to be as liquid as you're wanting. The typical hold for a DST sponsor is generally 3-6 years. You can sell your interests at any time. But there generally isn't a market for them as such.

But that being said once in a while a DST comes on specifically designed for shorter holds and they anticipate an 180 month to 2 year hold. You just don't see these very ofter. And once in a while there is a DST that is offered with an option to essentially have a % of your cash returned to you at any time much like a refinance. Again, these don't happen all the time either. But once in a while they come on.

I'll reach out via pm if you have any further questions.