The market is hopping right now!

As a Canadian resident you need to pay taxes on world wide income. 1031 exchange defers tax payments to the IRS but not to the CRA.

The IRS requires that you keep your basis and your profit moving forward in the 1031.The Upreit conversion is a quirky complicated animal. 

The title search will show most liens (except Federal IRS Liens, they don't always bring it up - you have to contact the IRS and fax in your property info),  I purchased land that had no liens and a simple title chain (which minimizes the chance of a previous owner trying to sue in court).In Miami there is no guaranteed lien settlement... in Broward i believe its around 10-15% of the total lien amount but in Miami its never a guarantee - say for instance you purchased a property with 50k+ in liens - you'd have to present yourself in front of the Miami code enforcement board and make your case (if its a smaller amount you can usually get by with just meeting an inspector).I've heard of people walking away with 0-$3000 max in lien settlements (both personal friends and BP members) but I've never done it myself.  

Is this pushing the IRS limits?

Trying to find a "sauce for the goose...sauce for the gander" thing with IRS regs. 

That fund capital may be deployed into all range of individual assets, so long as any investment is conducted within the IRS guidelines.If you end up with a small amount of excess capital in reserves or earnings, the LLC can always open a trading account and buy some index funds, or open some kind of CD. 

Per IRS rules, you may not transact with or benefit from the IRA personally in any way.

This is more of a wealth preservation strategy, within the IRS code.

In the case of the DST it has been blessed by the IRS so that the trust is disregarded and investors can indeed exchange out of it at the end of the term.