David’s Recent Posts

What Is A DST, And How Are They Used For 1031 Exchanges?

What Is A DST, And How Are They Used For 1031 Exchanges?

DST is an abbreviation for Delaware Statutory Trust, a legal entity constructed under Delaware law. Despite the name, neither the property nor the investors need to be located in Delaware. In a DST, each investor has an ownership interest in the Trust, which in turn owns the property.  Investors are known as “beneficiaries” of the Trust. For these reasons, the security that an investor in a DST owns are called “beneficiary interests.” The IRS treats DST beneficiary interests as direct property ownership, thus qualifying for a 1031 exchange.  

Sep 9, 2022

Disadvantages of Delaware Statutory Trust (DST) 1031 Exchange Replacement Properties

Disadvantages of Delaware Statutory Trust (DST) 1031 Exchange Replacement Properties

Delaware Statutory Trusts (DSTs) offer the opportunity for passive investments in commercial real estate assets that typically are out of financial reach for most solo investors.

Jul 4, 2022

What Real Estate Investors Need To Know About Biden’s Tax Proposal

What Real Estate Investors Need To Know About Biden’s Tax Proposal

President Biden’s tax agenda includes several changes that may affect real estate investors. One of the more high-impact changes is the potential elimination of the 1031 exchange which many real estate investors take advantage of every year. Real estate tax law changes are expected to include:

May 24, 2021

1031 Exchanges Escaping the Chopping Block For Now

1031 Exchanges Escaping the Chopping Block For Now

President Joe Biden signed nearly three dozen executive orders in the first six days of his administration. Most of them involve rolling back policies enacted under his predecessor or dealing with the ongoing Covid-19 pandemic.

Feb 19, 2021

Evaluating Real Estate Risk

Evaluating Real Estate Risk

Every investment involves risk with the possibility of gain. Where risk is the potential for financial loss and/or uncertainty in investment decisions or activities, accurately quantifying the level of risk is key to healthy investing.

Dec 11, 2020

Simple Guide to Choosing a 1031 Qualified Intermediary

Simple Guide to Choosing a 1031 Qualified Intermediary

7 Questions to Ask Before Choosing a 1031 Accommodator... In the chaos of closing on a sale of your property, the last thing most people are thinking about is choosing a qualified intermediary, or “QI” (a.k.a., an exchange “accommodator” or “facilitator”). After all, aren’t they all the same? Aren’t all qualified intermediaries “qualified”? The answer is emphatically, no.

Sep 25, 2020

The Basics of Single-Tenant Net-Leased (STNL or NNN) Properties

The Basics of Single-Tenant Net-Leased (STNL or NNN) Properties

A Single-Tenant Triple-Net property (also known as “Net-Lease”, “STNL” or “NNN”) refers to a property which is 100 percent leased to one tenant with a lease structure in which the tenant is responsible for all property-related expenses, leaving the landlord with minimal responsibilities. NNN properties are a popular choice for individuals who wish to invest in real estate, but may not have the time or desire to actively manage a property.

Sep 18, 2020

You Can 1031 Exchange Into A REIT, Here's How

You Can 1031 Exchange Into A REIT, Here's How

Some 1031 exchange investors have wondered whether they can sell their investment properties and complete a 1031 exchange into a Real Estate Investment Trust (REIT). The short answer is yes, but investors must follow some complex steps to successfully complete the exchange.

Jun 24, 2020

The Risks of Investing in Single Tenant NNN Properties

The Risks of Investing in Single Tenant NNN Properties

“Better safe than sorry” is an adage that often gets overlooked in the world of real estate investing. When evaluating a potential property, calculating the expected return is relatively easy, but understanding the associated risks is really difficult. What’s a real estate investor with a lower tolerance for risk to do?

Jun 22, 2020

The Extension Of 1031 Exchange Deadlines: Are You Ready?

The Extension Of 1031 Exchange Deadlines: Are You Ready?

When the IRS announced various deadline extensions in April 2020, a large bulk of the U.S. population breathed a collective sigh of relief. The extension of quarterly tax payments and filing deadlines from April 15 to mid-July provided wiggle room for taxpayers dealing with COVID-19’s economic fallout.

Jun 10, 2020