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Updated over 6 years ago on . Most recent reply
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Capital Gains Tax Solutions, who has used them with 1031?
Hello, I am in a situation where without using 1031 I will wipe out almost all gain in paying taxes for practical purposes, I want to get more time then 45 days (takes me on average 6-8 months to find a deal) and so I heard about Capital Gains Tax Solutions, they say that with some added language in the 1031 I can elect to send the proceeds into a DST Deferred Sales Trust AFTER 1031 time expires in order to keep the funds available as if the 1031 was ongoing for months or years till I find a deal I want to buy, I am looking for ANYONE who has used them first of all and 2nd who has used them in this capacity. thanks for any insight. I need to verify they are legitimate as a company and also conceptually on this idea they are proposing.
thanks for any feedback.