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Updated almost 6 years ago,
1031 exchange to a syndication
My parents have duplexes and triplexes for a total of 50 units. They are in their mid-70s and can no longer manage the properties like they used to. I believe they should do a 1031 exchange into a truly passive investment with monthly income. I was thinking a syndication but I'm not sure if that would qualify for a 1031 exchange. Any suggestions?