It appears I'll need a 1031 exchange to offset substantial capital gains. 

Does anyone know the high level implications of undoing a 1031 exchange? 

If you've got enough runway you could do a 1031 exchange into a nice investment property. 

Whether it's leveraging a 1031 exchange to defer capital gains taxes or exploring new investment opportunities in areas like Austin or the Phoenix area, there are plenty of options out there.If you're considering your next steps, I'd be happy to share some insights from what I've seen in these markets.

A couple of years later, we sold it and used a 1031 exchange to invest in a small apartment building.

So the company financial position was known, so while you are deliberation with knowledge of "our current Financial position," you don't continue to solicit new investors for your Promissory note and continue to state the company was in position of growth, doing so well your are considering a future listing on the stock exchange.

I have bought commercial RE in a Roth SDIRA and separately purchased a couple investment properties via 1031 exchanges outside of my IRAs.I too have hesitation of the above index funds and need to investigate further.  

The heat exchange showed it failed due to not enough descaling which I believe (I suspect it was descaled twice).  

Therefore, you may struggle to cover expenses from rental income until the current lease expires and you sign a new rental agreement.Selling rental properties in high-tax states in exchange for a similar property in a more landlord-friendly state is a common practice for rental property investors.7.

They didn't reply to messages explaining that there is new owner's and with said exchange of information.