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A DELAWARE STATUTORY TRUST
SPECIALIST CAN BE A REAL ESTATE
TBROKER’S BEST FRIEND
Kay Properties and Investments, LLC
oday’s multifamily market is replacement properties to 1031 exchange into bustling with activity as the number that provide passive income and potential for of owners and investors from diversification is a challenge many sellers face. Maine to California are executing Delaware Statutory Trusts (DSTs) may be a potential thousands of sell / buy transactions solution to this challenge. That’s why more and every single day. According to a more brokers are turning to DST specialists to help recent multifamily market report advise their clients on how to avoid being hit with by CBRE Real Estate Group, this a large capital gains tax following the sale of their
deal velocity can be attributed in part to favorable multifamily investment property.
economic conditions and reduced negative impacts from COVID-19. So far in 2021, the multifamily market saw $148 billion in transactional activity, representing a 33% total increase over the previous year.
Owners of appreciated rental properties may have equity potentially “locked up” in their investment real estate. Selling in this bustling market can potentially unlock this trapped equity. Finding
In a nutshell, DST 1031 exchanges allow multifamily sellers to defer the income from the sale of their property by investing in a co-ownership real estate portfolio as outlined in the Internal Revenue Service Revenue Ruling 2004-86. The DST 1031 structure allows a trust to be set up that consists of multiple investors who share passive ownership of a designated building or entire portfolio of investment
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BY CHAY LAPIN
Senior President
Kay Properties and Investments, LLC is a national Delaware Statutory Trust (DST) investment firm with offices in Los Angeles, San Diego, San Francisco, Seattle, New York City and Washington DC. Kay Properties team members collectively have over 94 years of real estate experience, are licensed in all 50 states, and have participated in over $7 billion of DST real estate. Our clients have the ability to participate in private, exclusively available DST properties as well as those presented to the wider DST marketplace; with the exception of those that fail our due-diligence process. To learn more about Kay Properties please visit: www.kpi1031.com Call: 1-855-899-4597 or email: info@Kpi1031. com
CS-14 NOVEMBER 2021 - APARTMENT MANAGEMENT MAGAZINE