Delaware Statutory Trust

[Hugh C.]

Does anyone have their properties held in a Delaware Statutory Trust (DST)? I would like to consider it but would like to hear from those who have it and can describe their experience of using it as they purchased more properties, managed their properties, and finally exited from some properties. Have you had any legal cases in which the DST saved the situation from getting worse?

[Mike Jacobson]

Get Leslie Pappas's book, Cashing In Tax Free. LOVE IT! I just got involved in DST's summer 2018 after selling a hotel. Every monthly payment has arrived ACH just like the information described. I am Free! I shudder to think of purchasing a single property myself. Like Gander Mountain buildings that were listed for several years in all the commercial real estate sites. 1 property with a great corporate rating and a solid 15 yr lease. Then they filed bankruptcy. Thank God I didn't go that direction. I am now diversified in 8 DST's in 4 states and 5 sectors. (States with no state income tax). I hope you find what you are looking for.

Mike J