have held off due to current... volatility?

25% of households held at significantly lower rates than today, making having to move be it to rent much more expensive than current housing expense.

I invested with them based upon the fact that they said they would be breaking ground in 4th quarter this year, they held a shareholder's meeting and said the funding fell through and every time we try to get answers from them there is never any specific dates or specific details.  

@Christopher Rubio,Yeah, the numbers have mostly held up.

The sponsor had a great track record prior to that, and held in very high regard in the community. 

From a tax perspective, here’s how I’d look at it:If you flip it right away, you’ll likely face short-term capital gains if held less than a year, taxed at your ordinary income rate, which can be pretty steep.

I was made aware this weekend by one of the investors on our Facebook group that Marco Santarelli on June 18th, 2024, held a "web seminar" again soliciting investors.

Talk to your 1031 exchange agent.Both the relinquished and replacement properties must meet the requirement of being held for investment or used in a trade or business.

Any gain exceeding these limits is generally subject to long-term capital gains tax, provided the property was held for more than two year out of five.

I explained to the seller that my offer contained a substitution of collateral clauses and I would be exchanging the note they held on the subject home with a note of similar principal and interest secured by a different property of greater appraised value.