The document that records the sale is called a "Tohon" and does not list a sale price. 

This would be taxed at High Personal income tax rate.

I really appreciate this thread for I read everyone's comments. 

This is where expert mortgage brokers come in, acting as your guide through the maze of real estate financing.

.: I wish I had read this thread three years ago.

Below is the monthly average number of preforeclosure leads based on number of filed NOD, NOTS, LP occuring per month (from 10yr of data from recorders documents).

This is all very very helpful!

So when you do the 1031 you will need to purchase only as much as your part of the sale.But where this is complicated is that purchasing a LP interest in a syndication does not qualify as buying real estate. 

The energy in the market is shifting, and we are anticipating that the January data reports, which will be released shortly, will reflect this momentum.The chart below shows the annual cycle of decreasing inventory in Q1 every year for the past 5 years.

I know it's a long shot, but I'm currently having lawyers review the signed subscription documents to see if there's any way to minimize the losses here.