Looking for information about 1031 exchanges
Hi everyone,

I am looking to do several 1031 exchanges over the next year or so for several timer tracts in the rural south east. I am trying to slowly transition from 2000+ acres of timber into a few office buildings in a higher populated area. 

Does anyone have experience with or have literature on 1031 exchanges? 
[{"id": "ddva0f3", "text": "What are you looking to know?\n\nThere are many descriptions and FAQ's out there... one, for instance: http://www.1031exchange.com/faq/", "replies": [{"id": "ddw1vgg", "text": "I am aware of the process, and I have an attorney lined up. I was curious if there is any strategy involved with the investment/financial analysis side of things. ", "replies": [{"id": "de0y5sk", "text": "The strategy would be to hurry up. 1031 likely on chopping block with tax reform ", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ddvbp6q", "text": "Pmd!", "replies": [], "depth": 1}, {"id": "ddvlm4z", "text": "Shop around, a lot of lenders will offer reduced 1031 intermediary services if you do your financing with them.  \n\nIf you don't have an accountant that knows about 1031 exchanges, I would look for a new one. It's only a deferral of taxes. ", "replies": [], "depth": 1}, {"id": "ddvqn5v", "text": "Start talking with investment office brokers in the cities your looking to aquire assets in. Most of hear guys re experienced in 1031 exchanges and should be able to assist. ", "replies": [], "depth": 1}, {"id": "ddw3t97", "text": "What's owning timber acreage like?  Do you just harvest a portion every year?  Pretty interesting.\n\nWhy the switch?  What kind of office you have in mind.\n\nI think the biggest 1031 difficulty is timing.  After you sell you have to nominate 3 properties in 45 days and close on one of those in 6 months.  \nSo strategy wise you probably want a flexible buyer lined up who may be willing to have a transaction agreed upon but will understand your situation and wait.\nNow that you either roughly or exactly know your proceeds you can hopefully find those 3 properties you would be satisfied to close on and had conversations on what it would take to get to contract on each.\nIt may or not make sense to divide up the timber into the parcels to match the $ size of your target properties. \n\n", "replies": [{"id": "ddwhist", "text": "This is a family trust I recently came into control of. After going through the statements, Timber hasn't produced income in 6 years and there's not anything to really cut in 10-15 years. It has been poorly managed. I'm looking to acquire some class A office space and do NNN leases to have the trust produce some annual income. ", "replies": [{"id": "ddwi0fd", "text": "Cool... I'd 1031 then leverage the property after you have it leased up. \n\nThis will help you look at bigger properties as you divest.  Goodluck.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ddwhhyk", "text": "I have some experience with 1031 buyers. If you are looking into office buildings, I can check my firms, current listings and see if any of those would be of interest. Are you nearing the sale of the current? ", "replies": [], "depth": 1}, {"id": "ddwlpsb", "text": "Try Exeter 1031 Exchange. He's pretty active in the BiggerPockets.com forum. ", "replies": [], "depth": 1}]