However, if you needed to access a bit of cash you could complete your 1031 exchange and immediately do a cash-out refi.

When you 1031 exchange, the capital gains that you had from 18 years ago will also be deferred into the new replacement property.

This would not have happened had their been regulatory oversight of LandAm 1031. 

For those of you who do a lot of these, what’s the gain where you see people utilizing 1031 exchanges?

So you're right for wanting to do a 1031 exchange.

Hey Steve,We’ve had an owner client go through a 1033 exchange after a city redevelopment project forced a sale.

A 1031 exchange only pertains to the deferral of tax upon the sale of an investment property. 

@Collin Wilson, Any entity can do a 1031 exchange.

A common question that comes up is whether you can use 1031 Exchange funds toward a new construction property — and how the timelines work.The key factor isn’t when the funds are disbursed, but whether the property is completed and the title is transferred within the strict 180-day deadline of the exchange.There are two possible approaches:Standard ExchangeIf the new build can be completed and title transferred before the 180-day deadline, part of the exchange funds can be applied as an earnest money deposit.

Think we found a forever home, which we would be planning to purchase through 1031 of investment property.Plan would be to rent out the acquired property for a few years, move in, convert to primary residence.