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Comments:
Rick, Have you considered a 1031 exchange into a DST(Delaware Statutory Trust) whereby you buy units in the trust owning commercial property. This defers the capital gains, and offers "no trash, no toilets,no tennants"
Post: Are We Qualified?
Link to comment from January 17, 2024
Steve, Have you considered selling the rental properties and deferring capital gains taxes by using the 1031 Exchange along with buying like kind commercial properties thru the DST(Delaware Statutory Trust ) vehicles. That way you can defer taxes, move from active to passive management, and allowing your heirs to sell the units with a stepped up basis resulting in far less capital gains. I am interested in this type of 1031 exchange and would be interested if any readers have experience in investing in DSTs.
Post: Alberta’s Money
Link to comment from December 23, 2023