1031 exchange vs opportunity zone

[Jason Woods]

Hi All,

I have an investment property I'm selling in the next couple of weeks, which I bought in 2016 with $250k, expect to get $400-450k after expenses, with capital gain of $150-200k.  I'm looking into options on what to do with the funds.

1. Take the cash and pay tax on capital gains ($150-$200k, could be more with the depreciation recapture in the past 5 years)

2. Do a 1031 exchange and defer tax. I don't want to buy and manage another property myself, so I've been looking into DST 1031 exchange which I can buy ownership and have other people manage it for me. Has anyone had experience doing that?

I've been looking at 1031crowdfunding.com website and their deals, has anyone used this site? Would you recommend them?

3. Take the profit portion from the sales and invest them in an opportunity zone fund, again I'm looking at the deals on 1031crowdfunding.com, any experience sharing would be much appreciated.

Given my case, which option would you recommend?  What're the pros and cons of each option? TIA!

Jason