Updated over 4 years ago on . Most recent reply
1031 Syndication via TIC
I am wondering if anyone is interested in investing their 1031 funds into a syndication. I recently completed a sale of a rental and looking for a replacement property. While I like managing small rentals (1-3 units), I prefer large syndications. After some research, many sponsors accept 1031 exchange funds (via TIC structure) but the hurdle amount range between $500k and $6MM.
Has anyone tried to pool their 1031 funds and this way meet the threshold?
The reason I would like to consider a syndication as it allows for better diversification, less maintenance at the cost of somewhat lower returns (marginally).
Having the ability to roll 1031 funds in/out of syndication is far superior to any other strategies unless you like to be hands-on.