@Judy Jacobs, consider fees and exchange rates to maximize the amount received.

So that I understand, you did a 1031 exchange and bought a house that cost $70k? 

Do you want to lose your options to do a 1031 exchange on your properties? 

Your points are precise, and show an obvious disregard for the investors by the sponsor.  

If you do sell and do a 1031 exchange there are a few things you could do to make your exchange as smooth as possible.The first option, If you do a traditional 1031 exchange and find a property that you really like don't hesitate to get it under contract.

It would be fantastic to exchange advice, share our experiences, and help each other succeed.

.: First experience with a 1031 exchange and DST. 

Is it possible for us to form an LLC and 1031 these into one 1.5 million dollar property in Oregon so long as we abide by the timing guidelines concerning the exchange. 

If you want to sell a property and keep deferring that tax by NOT recapturing the depreciation, you can do a 1031 exchange where the proceeds are held by a licensed intermediary for a short time while you identify and close on a replacement property.

That's according to The Business Journals' inaugural hottest housing markets ranking, which is based on third-quarter listing and sales data from Intercontinental Exchange Inc.