1031 exchange options

[Raj Kothari]

Hello, I have an investment property that has had a great run. I no longer want to manage individual properties though. Is there a way to move my proceeds to a passive investment options using 1031 exchange?

[Lauren Speidel]

@Raj Kothari as Dave Foster mentioned there are passive investments that qualify as real estate and can be used as replacement property. A syndicated Tenant in Common structure or a Delaware Statutory Trust are two options. If you have a financial advisor it would be best to discuss these structures with them to see if they are the right fit for your goals. They are very illiquid and have an average of 5-7 years hold time. They do range in sector and geographic location but can be a great option for someone looking for a passive 1031 replacement.