Looking for information about the Deferred Sales Trust (DST), the safe, legal, tested and proven way to defer capital gains taxes when you sell a high-dollar, highly appreciated asset? A google or other search likely will bring up numerous information sources, but is the information they give accurate? To ensure that you receive valid information, schedule a free Reef Point DST consultation.
Is the U.S. in for a recession? Many experts say yes, and cite numerous facts to support their prediction. Many others, however, disagree and cite their own facts. Discover both sides of the argument and how a Reef Point Deferred Sales Trust can allow you to safely and reliably weather whatever economic and financial hardships befall.
When you own a piece of highly appreciated investment real estate that you’d like to dispose of, you normally face paying substantial capital gains tax on the sale. However, one way to defer those taxes is to do a 1031 exchange for another like-kind property instead of an outright sale.
If you’re thinking about doing a 1031 exchange of investment real estate or a business, or have already started the process, you know that the stringent time frames required by a 1031 exchange can be challenging at best and impossible to meet at worst. You have only 45 days from the sale of your property to identify “like kind” property to buy. You have only 180 days from the sale of your property to close on the purchase of the “like kind” property.
Deferred Sales Trusts (DSTs) have been in existence for years, but nevertheless remain relatively unknown today. We here at Reef Point, therefore, thought it would be a good idea to give you a brief overview of the three main pillars of a DST, namely: