I will continue my due diligence process and you both have helped me gain more confidence with my decision to start working with Praxis.

Michael’s articles are excellent and provide valuable insight into taxes for syndication deals.

Finally, network with other investors and start small to gain experience.

Does it outweigh paying the capital gains tax?

I have absolutely nothing to gain here whatsoever so I'll bow out of the conversation.

Why This Matters: A Cultural Heritage Endowment Leveraging Time for Economic GrowthThe purpose of this initiative extends beyond creating affordable housing or financial returns—it’s about leveraging time, the most valuable resource, to create enduring cultural and economic value.

I've done a few 1031 exchanges, they are a valuable tool!

ESPECIALLY if you’ve lived in any of them 2 of the last 5 years and can take the tax free gain. 

@Michael Baum @Grant Woodward @John Underwood @Bruce Woodruff @Terry Ouimet   @Andrew Street @Patricia Andriolo-Bull @Andrew Steffens @Jake Baker Appreciate all the valuable input from your experience!  

As I've learned from my experience, it's essential to consider this timeframe when planning and executing syndication deals.By carefully analyzing the real estate cycle and market trends, we can strategically time our investments for maximum gains.