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Updated almost 3 years ago on .

User Stats

94
Posts
46
Votes
Joe Garvin
  • Investor
  • Fort Pierce, FL
46
Votes |
94
Posts

Anyone have experience with a company called 1031 Crowdfunding

Joe Garvin
  • Investor
  • Fort Pierce, FL
Posted

Hi BP Community,

We are in the process of closing on the sale of a property on the Treasure Coast of Florida towards the end of May and have been talking to them as an option to meet the 1031 Tax requirements.  Here is their website -https://www.1031crowdfunding.com. 

I understand DST's to some degree but I'm just a bit concerned about the legitimacy of the company and how the paperwork and process works to comply with the IRS Guidelines and if it makes sense to take a lower yield for less headaches in the overheated real estate market .

Thanks In Advance,

Joe