Find a D-E-A-L DEAL!!

Looking into 2 Delaware FLIP parcels(one parcel with 2 units and another parcel with 1 unit) that share the same mound septic system.

One cool thing about the Series LLC from a legal point of view is that you can have a Texas or Delaware (or really anywhere) SLLC despite living and investing in Ohio.

DSTs (Delaware Statutory Trusts) also have minimum investments as low as $25,000 for straight cash investments into funds, which are small portfolios of properties.

I have recently finished a vacation home located in Bethany Beach, Delaware.

Something like store reimbursements I would guess would go towards decreasing the purchased price of the related item...Cash back payments might be so small that it might be de minimis..Acquisition and closing costs need to be allocated to your cost basis, in general. 

@Wendell De GuzmanHello Wendell, I see that you are in Downer's Grove.

Another challenge is that the 1031 timing rules make it incredibly challenging to find a replacement property or properties to invest in with a desirable cap rate in my city, so I would be interested in an out of state investment, which would put even greater pressure on locating a replacement property considering I haven't even started to consider which states I could potentially invest in.While doing a bit of Googling, I came across the Delaware Statutory Trust (DST) that is a completely passive investment in real estate that allows for the deferral of capital gains on the sale of the investment property.I've read the pros and cons that the DST providers list on their websites, but I would love to hear from individuals with real life experience who have opted to use a DST in lieu of a 1031 exchange and from those who did the analysis and decided a DST was not right for them.

Two questions actually.First, is the 'de minimis' limit for an individual landlord $500 or $2,500?

Have you invested in a DST or DSTs?  Rima and I recently discovered them.  For "little fish" with just a few million to invest,  they seem far better than buying one or a few NNN properties, which puts all of your egg...