snip.
← Back to Home ID: 5938
Legacy Private Wealth @legacypwealth.bsky.social
Jul 4, 05:28 AM

Many real estate investors wait too long to explore their options before selling an appreciated property. A 1031 exchange may allow qualified investors to defer certain capital gains taxes and evaluate replacement property options, including Delaware Statutory Trusts (DSTs). #1031DSTExchange

🎤 Whisper Transcript (en) ⏱ 30s

"The conversation that I have with real estate investors over and over that just wait too long is the fact that you do not have to pay that huge tax bill when you sell your investment real estate, even though it's appreciated for the last 10 to 20 to 30 years. So what you would do is a 1031 exchange. In addition, it's actually easier to find reinvestment options by doing a 1031 DST investment. And we have a list of properties, sometimes 50, 60, 70 different choices at any given time."

💬 Discussion

Legacy Private Wealth @legacypwealth.bsky.social · Jul 3, 05:02 PM

Many real estate investors wait too long to explore their options before selling an appreciated property. A 1031 exchange may allow qualified investors to defer certain capital gains taxes and evaluate replacement property options, including Delaware Statutory Trusts (DSTs). #1031DSTExchange