The History of the Delaware Statutory Trust Marketplace
Release Date: 08/15/2023
Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances of the Delaware Statutory Trust (DST) investment process.
Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITS, funds, real estate, and more.
About Kay Properties and www.kpi1031.com
Kay Properties is a national Delaware Statutory Trust (DST) specialty firm. The www.kpi1031.com platform provides access to the marketplace of typically 20-40 DSTs from over 25 different DST sponsor companies, custom DSTs only available to Kay clients and a DST secondary market. Kay Properties team members collectively have over 200 years of real estate experience and have participated in over $30 Billion of DST 1031 investments.
In this week’s episode, Kay Properties and Investments Senior Vice President Alex Madden joins Vice Presdient Brent Wilson to take a wide view of the Delaware Statutory Trust and how it has been used by investors over the past several of decades.
Steve explains that it's important to realize that investors have been using Delaware Statutory Trusts for 1031 exchanges since the '60s and '70s although back then it was largely done with a letter from an investor's CPA or an attorney saying, "We believe that this is eligible for 1031 exchange." It wasn't until 2004, the IRS actually put this in the internal revenue code, the Revenue Ruling, 2004-86, where the IRS officially blessed off on DSTs as eligible for 1031 exchange.
Listen to this facinating look at how the Delaware Statutory Trust has evolved and grown throughout the years, and how current economic conditions are impacting how investors are using Delaware Statutory Trusts for their 1031 exchange.
Resources
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About Kay Properties and www.kpi1031.com
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