You've created a ton of equity.It's challenging to roll over the money with a 1031 into a syndication.

Now, you can't do this with yourself, your business, and certain family members, due to the prohibited transaction rules governed by the tax code 4975. 2) Some individuals have large pre-tax 401ks that they rollover and then convert to the Roth IRA, paying the taxes now so they dont have to pay later out of the Roth. 

Let the old lease roll over month to month.

However, if you have 401k money from a previous employer, you can do a rollover to a self-directed IRA and begin deploying that capital into real estate investments.

Here are some important facts with respect to borrowing against the 401k: 1) It must be a 401k, once you rollover your funds to an IRA, you don't have that capability. 2) You can only borrow up to 50% not to exceed $50,000. 3) You must make at least quarterly payments, with an interest rate set usually at prime + 1%.

If your income exceeds $150,000, your ability to deduct passive losses from rental properties is limited, and any disallowed losses carry forward to future years under the passive activity loss rules.Yes, the deductions can accumulate and roll over year after year.

I could roll over those amounts into another Roth IRA of my choosing.

If not you can rollover your old 401k(s) into a new 401k. 

@Tanya Maslach can use the 60-day rollover rule to avoid penalties, but funds must be replaced within 60 days.

Length of Tenant Rollover- ie how long does it take to re-rent a propertyAvg.