DST or other mechanism
Good day, If an investor has 10 rentals and wanted to over time sell them and put the money tax free from a 1031 toward a large purchase is there a process to do that? Say they sold the properties over 3 year period and could not sell the rentals together as a portfolio.
Could they put the money from each sale into a DST then use the total to buy a expensive rental property?
Is there a way to use a 1031 over time to sell rentals and use the tax deferred money to buy a larger purchase?
Thanks
Most Popular Reply
It would be very difficult to accomplish this.
The typical DST that an informed investor would seriously consider is only available for 80-120 days.
Happy to chat nuances if you’d like to DM me.
The typical DST that an informed investor would seriously consider is only available for 80-120 days.
Happy to chat nuances if you’d like to DM me.