I tried to post this question a couple of weeks ago but evidently screwed it up so if this shows up as a double post please forgive me.
I saw an advertisement for purchase of an oil and gas royalty trust, United States situated properties. The advert stated that it was eligible for 1031 treatment. I have bought property using a 1031 and I have participated in royalty trusts but have never tried to marry the two and am deeply suspicious of the advertisement. What is the consensus of opinion?
While we are at it, why not LLP's or so far as that goes REIT's? Have I been overlooking something? Thanks. Leo