Updated almost 6 years ago on .
Most recent reply
presented by
1031Exchange and investing in MultiFamily as a passive investor
I have a Condo, which I am planning to sell and do a 1031 Exchange for investing in MultiFamily as a passive investor. Thinking to invest around 150k in 5 or 6 investments of 25k thru Crowdfunding or via syndicators in Multi family investments.
If anyone can suggest the modu operandi, what , how, how to choose intermediaries to use. Any DO's & Donts
What happens if there is any residual proceeds which are un-invested or if I invest more than the sale proceeds. Is there any limitations on investing in Apartments / offices/ hospitality/ senior housing/student housing .
Or is it a hassle.
Most Popular Reply
- Tax Strategist| National Tax Educator| Accepting New Clients
- 4,499
- Votes |
- 3,749
- Posts
Depending on how it's structured it won't qualify for a 1031. Passive investing via a 1031 is tricky.
DST (Delaware statutory trusts) do but Reit's don't.
Everything in between the answer is "it depends"
