Or any other options you prefer such as a 1031 exchange?

I’m excited to learn from your experiences, exchange ideas, and contribute to discussions as I continue to grow in this space.Looking forward to connecting with you all and gaining valuable insights along the way! 

For the seller (John) to defer capital gains via a 1031 exchange, the sale proceeds must be reinvested into like-kind property within 180 days.

Fortunately, you will be able to to a 1033 exchange into new property and avoid any tax on the gain. 

At 90+ days past due, the note investor will be eligible for our buyback option, wherein PPR offers to issue a cash refund for the note purchase price less payments received (payments include principal and interest) in exchange for the non-performing note.

The LLC has to do the 1031 exchange because that is the tax return reporting the activity of the property. 

Now, I think the best exit strategy to avoid recapture tax continue to build on your portfolio would be to do a 1031 exchange. 

It sounds like they have money, and it sounds like in exchange for that money you're setting them up with an income stream.

Regarding a 1031 exchange, it is important to have a conversation with your accountant prior to getting it done.

In exchange for a reasonable discount of course.