1031 Options Similar to Hughes Capital & Why

[Keith Thompson]

I've read many previous posts on the topic but have seen a few options, SBD and DSTs.

I'm looking for options that approach, match or exceed the advantages I see the Hughes Capital option. Not SOLD on them yet, but I like what I see.

 > Easy to invest

     - High Confidence for closing on the 1031 exchange

     - I failed to complete a 1031 exchange earlier in the year, so I'm skittish

     - I'm expecting another opportunity this year and I ABSOLUTELY want to defer for this one

  > Easy out

     - 90 days notice without penalties or fees (per Investor's Brochure & initial consult)

             I need details here in case I want to exit and take advantage of another opportunity

     - I'll ask about taking the property vs cashing out when I speak to a Senior Advisor (SA) next week

 > Reasonable anticipated rates of return

     - Property titled to me

     - I select from those available

     - I can change to another property if I like

     - Hughes will recommend changing to another property if I'm into a poor performer relative to the Fund.

            I will confirm this with the SA

     - Reinvestment of income or monthly checks (regardless of property status, i.e vacant, squatted, damaged...)

          Unsure how the reinvestment option work with what is anticipated to be about $7%-8%+/- (will ask the SA)

So I see Hughes (or Hughes-like) as a 2nd choice but prior experience forces me to look for a near-certain 2nd option which defers the taxes and positions me in a potential long-term investment with flexibility to exchange out if another better opportunity comes along.

Thoughts?

Options? 


Some BP posts that relate to this topic:

1031 fund like Hughes Capital

by @jim workman (BP didn't resolve the reference)

SBD Housing/Hughes Capital

by @s david gilbert (BP didn't resolve the reference)