1031 Exchange Strategies for Syndicators: Swap & Drop, Split Off, PIN Method & Q&A

He deferred the taxes, rolled the equity into the next deal, and kept building — while everyone else wrote a check to Uncle Sam.

In Part 2 of Dugan Kelly's 1031 exchange coaching call for Think Multifamily syndicators, the real estate attorney goes deeper: the swap and drop, the split off, the promissory installment note method, and a live Q&A covering debt requirements, preferred return treatment, entity continuity, and why the wrong qualified intermediary can blow up your entire closing.

In this episode you'll learn:

•       The swap and drop — how to distribute replacement properties to individual partners after the exchange closes

•       The split off — how one or two partners exit with cash while the rest of the group rolls into the next deal

•       The PIN method — the most conservative approach to audit risk mitigation for departing investors

•       How preferred returns and catch-up distributions are treated inside a 1031 exchange

•       The debt replacement requirement — and why most syndication deals satisfy it without issue

•       Why Mark won't accept 1031 money anymore unless Think Multifamily controls who the QI is — and the horror stories behind that decision

This is Part 2 of a two-part series. Listen to Episode 108 P1 for the foundational mechanics — drop and swap, key terminology, the 45/180-day timeline, and the held-for requirement.

Ready to invest alongside experienced multifamily operators? Join us at our next live event at thinkmultifamily.com/event.

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