1031 Exchange Question

[Josh Walker]

I am looking for advice and ideas from those with experience with 1031 exchanges. I have a family member in the process of selling their business and was recently advised to consider a 1031 exchange for the portion of the sell of the business which includes the land and building. They have a good cpa and attorney, but I am more interested in strategies to invest the money with them. For discussion purposes let’s say the total to re-invest is $2M. I build new homes and deal in flips and holds. Any ideas of angles where We could both benefit in this situation? The recommendation of a good real estate cpa and attorney are already being utilized. Just wanting to get other ideas and maybe feedback from any of you who may have already lived through a similar situation. Thanks in advance!