When people call Reef Point with questions about the Deferred Sales Trust (DST) and whether this unique, proprietary tax strategy may be right for them when they sell a highly appreciated asset, one question they frequently ask is: How much lead time do I need to give the Estate Planning Team to construct my own DST?
DST
How Becoming a Reef Point Business Partner Can Enhance Your CPA Practice
As a Certified Public Accountant, you deal with your clients’ complicated financial issues on a daily basis. These usually involve tax issues and can be quite challenging, particularly as tax laws, rules and regulations continue to change.
Setting the Repayment Terms of Your DST Installment Sale Note
As a savvy investor, you likely already know that Section 453 of the Internal Revenue Code authorizes you to utilize the installment sale method when you sell a highly appreciated assets so as to obtain favorable capital gains treatment. What you may not know, however, is that when you utilize the Deferred Sale Trust rather than a regular installment sale, this legal, safe and proprietary tax strategy gives you many additional benefits.
Case Study: How the DST Helped June and John Preserve Their Family Wealth
June and John were a gregarious couple who owned and operated a successful upscale restaurant in San Francisco. They not only owned the restaurant, but also the building in which it was located. While they loved their business, they were now in their late 50s and looking forward to retirement. As often happens, however, none of their three grown children had any interest in taking over the business.
How To Sell Your Highly Appreciated Cryptocurrency Without Paying Exorbitant Capital Gains Taxes
If you are a cryptocurrency investor, that makes you a very brave person with a high tolerance for risk. Perhaps the riskiest form of investment, cryptocurrencies are well known for dropping 15% or more in value overnight. On the other hand, they can make you a millionaire just as quickly.