Here's a post I made on "non-conforming" vs "illegal/unpermitted", understand they are NOT the same thing.

Quote from @Kathy Grossart: Can a non-accredited investor in an already established SDIRA, within a 506(b) multi-family syndication, do a 1031 exchange to another syndicated property (with same operators), if the new 506(c) offering required investors to be accredited, and the investor is not? 

Hello, it is really time consuming for me to analyze each property by manually entering its data to calculate the return.

@Jason Khoury I purchased my current residence, a duplex, from a local non-profit about 5 years ago.

ChatGPT tells me that the cash out proceeds even if only reimbursing myself is non deductible because the proceeds are not reinvested in property

This 1031 Exchange Calculator can help you model out the taxable proceeds based on various situations. 

Are you/your partner(s) foreign nationals or non-permanent resident aliens?

I have multiple properties and am thinking of just doing non qm loans moving forward.

My understanding is profit from lending is considered "taxable income" and is therefore added to your income and subject to your normal tax rate after all deductions, etc.

Have any of you used a similar tiered return strategy?