1031 Exchange, DST, Real Estate, Single Member LLC, TIC
When the IRS acknowledged the Delaware Statutory Trust (DST) as a direct investment in real estate as opposed to a security, it became the vehicle of choice for advisors and their clients executing a 1031 exchange. The DST offered relatively small investment minimums, access to institutional type properties, convenient debt financing, and familiar marketing. On the other hand, DSTs are restricted from certain activities: Capital improvements, new or renewed leases, new or refinanced debt.Kiplinger recently published an article describing the five types of investors that should NOT invest in DSTs. SEE DETAILS
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