For many people who begin investing as young adults, it often mattered little what the investment was so long as it was generating a profit. As a result of this, investors who are now officially baby boomers or senior citizens often have long-held real estate investments in their portfolios.
Delaware Statutory Trusts (DSTs) began in 2004 with the IRS Revenue Ruling 2004-86. Each DST is a separate legal entity and each investor receives “beneficial interests” in the DST or trust for IRS 1031 purposes.
Jenner.com discusses Delaware Statutory Trusts as Alternative Borrower for Tenants in Common Programs, what DSTs are, Lender Benefits and the IRS Requirement Causing Lender Concerns. A DST borrower with a master tenant owned and controlled by a quality sponsor should be an attractive borrower for a lender. Various financing sources [...]
Corcapa 1031 Advisors is proud to announce that we have become a BBB Accredited Business since 9/22/2015. Click here to view BBB Accreditation BBB has determined that Corcapa 1031 Advisors meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB [...]
