A 1031 exchange, named after Section 1031 of the Internal Revenue Code, allows investors to defer capital gains taxes on the sale of an investment property by reinvesting the proceeds into a similar type of property within a specific timeframe.
For investors who want to maintain a real estate investment but don’t want to actually manage property, the Delaware Statutory Trust (DST) is a variation of the 1031 Exchange that offers the benefits of the real estate investment with professional management of the property.
Feel free to reach out if you have any questions or need assistance with exploring this option further. I'm here to help you navigate these opportunities to make informed decisions.