1031 Properties

[Nate S.]

Hi all.

I am thinking of selling a few properties in 2016. I would prefer to do a 1031 exchange on them to avoid paying the tax, but most markets in the US seem overbought right now (both SFH and multi-family). I am a bit hesitant to exchange into anything in retail, office or industrial as I believe the U.S. economy is about to experience a downturn and I don't have a lot of experience in those specific asset types. I would love to buy something oversees, but you cannot do a 1031 into a foreign property AFAIK.

I've done quite a bit of private lending and private placements, so I have poked around online a little bit to find qualified Tenant in Common (TIC) 1031 deals. However, most of what I see online only yields 5-6%, which is awful.

Does anyone else know of a good source to find larger 1031 qualified TIC properties or have other ideas as to what I could exchange into at this point in time that would make sense?