Ross R.

1031 exchanges / DSTs

[Ross R. @rsr4]

@elonmusk @elonmusk saw one in suburban Philadelphia Friday evening. And a bunch teed up in the dealership lot down the road. Philly, not AUS, ATL,or MIA…Philly!

[Ross R. @rsr4]

@alexwg @DavidSacks

[Ross R. @rsr4]

@wintonARK @grok summarize this in plain language.

[Ross R. @rsr4]

@Michael_Asarch Michael,
Have 2 NNN DST deals that may fit. One with a liquidity in 2yrs.

[Ross R. @rsr4]

@DallasAptGP DST

[Ross R. @rsr4]

@scottswag Is a DST still a non starter?

[Ross R. @rsr4]

@TimAnderso41151 @allenanalysis Answer: Yes.

[Ross R. @rsr4]

@Jason Click New & Hot. 8p ET

[Ross R. @rsr4]

@LAMultiBroker Welcome to politics in 2024. No one wants to give the other side a “win” in advance of November.

[Ross R. @rsr4]

@1031Specialists Oh, and by the way you are their smallest line item expense.

[Ross R. @rsr4]

Met with a super nice couple told me they were excited about doing a 1031 exchange.

Real DIY’ers, do their own taxes, sold their home last year FSBO, $125k “over market”.

1031 defers $1.5M in taxes.

Asked me how they can “get around” using a QI. “We don’t want to pay fees”.

[Ross R. @rsr4]

@Michael_Asarch @stevegarthwaite Also, once in the UpREIT you cannot do 1031. Options are hold/defer, sell/pay taxes, die/step up to heirs.

[Ross R. @rsr4]

@Michael_Asarch @stevegarthwaite 1031 to UpREIT is not a taxable event. once in the UpREIT if you sell, then taxes are due. it may make sense to partially liquidate some of your UpREIT units in a given year. Also UpREIT cash flow typically better than DST cash flow. Key is investing with the right Sponsor.

[Ross R. @rsr4]

@stevegarthwaite @Michael_Asarch Steve, this strategy is becoming more commonplace nowadays: 1031/DST —> 721 UpREIT. Provides more optionality to the investor, usually within 3-4 years of initial investment in DST.

[Ross R. @rsr4]

@Michael_Asarch @Michael_Asarch
I see this happen often. I’m an RIA that focuses on DSTs. Available to chat through your clients situation, educate and share Sponsor track record info.

[Ross R. @rsr4]

@tarheeladvisors @shawngorham Prime candidates for a DST, Ryan. Go Heels!

[Ross R. @rsr4]

@shawngorham Consider a DST? Solves for almost all of those issues.

[Ross R. @rsr4]

@adamklein54 Bullseye! Doing the same in a couple hours.

[Ross R. @rsr4]

@ThePortersEdge @shawngorham Steve, have you mentioned to these retiring landlords how selling and 1031 into a DST can allow them to defer taxes and continue to generate decent cash flow. Many of these mom & pops are unaware and all of a sudden the deal pencils for them.

[Ross R. @rsr4]

@dorse054 Is real estate part of the sale? 1031/DST will shield from taxes.