I'm very excited about this Texas Stock Exchange that should open in 2026 too.

Is this type of 1031 into partnership (LLC) possible? 

He has now asked me to pay the contractors for the first stage, about 24 lots, for dirtwork, sewage, roads, curbs, electric in exchange for some of the lots.

That being said, I fell out of my chair when I was able to lock an individual investor (personal name) using a 1031 Exchange with about 50% down and 800 credit scores at 6.99%.

I have a friend who is under contract on a commercial property and him and I were discussing his 1031 situation and I thought I would get an opinion from the experts in this forum. 

Does anyone know if selling w/ 1031 buying new rental; then renting the new property for 2 years before moving into the property would avoid any capital gains taxes?

Plan for the Long TermTax Planning: Understand tax implications and consider strategies such as 1031 exchanges for deferring capital gains taxes.Estate Planning: Develop a plan for passing on your real estate investments to heirs.Additional Tips:Stay Disciplined: Stick to your investment plan and avoid making emotional decisions.Continuous Learning: Real estate markets evolve, so stay updated with industry trends and regulations.Risk Management: Be aware of risks such as vacancies, unexpected expenses, and interest rate fluctuations.By following these steps and remaining committed to your goals, you can progressively build wealth and achieve financial freedom through real estate investing.

It kind of depends on what your goals are, but you may be able to start consolidating your properties a little more with like-kind exchanges and/or purchasing larger properties where you could do cost-segregations on.

How does a 1031 exchange work in this scenario?

If they’re paying 85% cash, like from a 1031 exchange you have almost zero risk and 6% is fine.