If you do that for 2 yrs then you can qualify the property as an income property and do a 1031 exchange. 

The last meetup in Oakland was a great exchange, so time for another one!

So how does syndication compare to DSTs for someone who does NOT already have a property for 1031 exchange?  

You can sell a property and do a 1031 exchange as many times as you want. 

Is this a 1031 Exchange candidate?  

Lease signing and exchange of money and keys all happens at the same time.

Sacrifice some profit in exchange for knowledge.

The attorney examines documents, reviews title abstract, renders an opinion of title and prepares to receive funds to close once all conditions of the transaction are satisfied.It may be more complicated in your state due to the custom of parties physically meeting in order to execute documents and exchanging money.Therefore, if the counsel you seek is a "closing attorney" the opinions and advice is going to be heavily biased by their experiences.

utm_source=search&utm_medium=internal&utm_campaign=booksSimply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

@Lindsey Leavitt Few comments.Insurance is the transfer of risk to the insurance carrier in exchange for your $.