1031 into DST with Boot.

[Dan T.]

Can someone look at my novice numbers. 

The idea is to get is much out as low of tax rate as possible. Then do similar cash out again when DST renew, staggering DST's.

We don't need legacy just income to live.  We are in late 50's.

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DST 2,700,000 @ 5.25% return , 141,750 income. Are DST fees included in 5.25 estimate I read some as high as 20% fees?

approx 50% depreciation on income, tax return income amount 70k. is that based on leverage?

Take 500k boot out and pay 15% cap gain tax, $75,000. Total return gain must stay under 580k

NIIT Tax 3.8% on 500k, 19,000?

Depreciation Recapture Tax. Total 300k Depreciation, 20% is 60k, x 25% rate, 15,000?

Total tax on 500k boot $109,000 remaining 2.7m goes into DST.

(if fall into 20% cap gain add. 25k on 500k)