My fiancé and I live in NYC and know we do not want to raise kids here. We have 2-3 places elsewhere in the country we want to raise kids where we also have trusted friends/family who are renters. Idea is this:

We ...

We are getting out of a 15 year LTR and looking to do a 1031 exchange for a STR in OCMD.

Do foreign properties allow for a 1031 exchange if we purchase the new property in the US?

Many of our clients on this side of the business (the side I manage is helping non-accredited clients invest in direct real estate), are clients who have sold their direct real estate holdings and are doing a 1031-exchange into a DST (type of syndication that is 1031-exchangeable). 

Real estate can appreciate overseas but you could still lose money based on currency exchange rates and strength.

Jon,I normally try to lock in good tenants as long as possible, and in exchange for an extended term (2 years+), offer them to lock in their rent for that period.

Would love to chat and exchange info more if you're interested

Can some of the members of an LLC do their own exchange or cash out at the time of the sale of the property?

I am also curious if anyone has worked with a US bank and leveraged RE to finance RE in foreign countries- Will love to hear opinions, advice, and ideas on how to make this happen.

If he simply sells and moves into the right passive opportunities he can use the 1031 exchange and indefinitely defer all of the tax and depreciation recapture.