Came across an interesting RE startup just now and studied the model a bit. https://www.flockhomes.com/ First time hearing about 721 Exchange...it's next level 1031 Exchange. The way this entity structure work is you relinquish your property portfolio into a REIT, purchase shares of that REIT and get dividend payment (from cash flow of the properties themselves). Deferred … Continue reading Flock Homes – 721 Exchange (“Next Level 1031 Exchange”)