Tax-deferred strategies like 1031 exchanges and refinancing allow further tax-efficient wealth building.This post does not create a CPA-Client relationship.

But ask your CPA/accountant because I don’t know. 

I don't have personal experience with it, but when the app was first developed, I contacted the developer and put the app through a fairly robust test usage to see if it's something I would want to recommend to my clients (I'm a CPA).I think the app is great for its intended purpose and I do recommend it to my clients now (and have for about 18 months now). 

To maintain control and avoid being locked into larger deals, consider directly owning replacement properties or exploring a partial 1031 exchange while carefully structuring syndication investments.This post does not create a CPA-Client relationship.

I don't use Michael, but if I didn't have the CPA am using(long story), he would be the guy.

Your best advice would come, for a Tax Advisor NOT a Tax Preparer (CPA).

Is the IRS/your CPA cool with the idea?

*This post does not create a CPA-client relationship.

I'm an investor and CPA. 

Therefore, it is advisable for the client to consult with their CPA to receive personalized guidance tailored to their unique financial situation.