Here's the deal:Actual Proforma 12 unit asking price 480kOther income 1800Rent Roll 65820Adjusted gross 62529Current Taxes - 12076Insurance - 3149Water - 1455Maitenance/ repairs 4700Electric - 1535Maintenance - 0 (Cheaper rent in exchange for management $150 instead of $575) I have only seen the outside of this property.

Jon,I believe you're on the right track, I know that these notes cannot be traded by anyone other than a securities exchange, stock broker, I was informed today vaquely about them but it's still uclear until I read your post.It's no problem on non and performing notes to deal with them but the MTN's are a whole diferent ball park.

While buying REIT’s are a perfect way to diversify your real estate portfolio they, unfortunately, do not qualify as a suitable replacement property for a 1031 exchange.

But do so in a 1031 exchange, which defers all tax into the next property purchase.

Quote from @Michael Smythe: Don't sell until you identify where you can invest the proceeds for a better return.Interest rates are now highest in 20+ years and will make it more challenging to find better ROI on new purchases.I don't get it, he's got 6 months to find something once he 1031 exchanges.

If they are in the US I would be skeptical as the US and SEC has no jurisdiction.Advicorp Fidelity is a fully licenced and regulated Cyprus Investment Firm (CIF) supervised by the Cyprus Securities and Exchange Commission (CySEC) (License Number 124/10.

I will sometimes exchange a first right for not prosecuting back space rent.

The exchange rate between the US Dollar and the Colombian Peso is also an advantage for American investors.

You can sell all of them and use a 1031 exchange into a completely passive TIC deal that pays out a check each month/quarter.You can buy and sell without holding, pay your taxes as you go and build up a retirement nest egg.

I am selling an over seas property and have realized that according to the irs website the tax code will not allow a 1031 exchange with non US properties.