How We Work Together With Real Estate Professionals
As a Real Estate Agent, you undoubtedly know investors who own rental properties, but are sick and tired of managing them.
They often wish they could free themselves from these burdens, but they won’t give you the listing to sell because their combined taxes could be as high as 40% of the sale price. On top of that, they would lose their valuable monthly income that helps them maintain their lifestyles during retirement.
The Delaware Statutory Trust (DST) has the potential to solve both problems because they offer the same tax deferral as the “traditional” 1031 exchange, and also target monthly income to the investors.
DSTs might also offer exchangers access to prime properties that they otherwise would not have access to.
The DST may be the most powerful and under-utilized tool that can help Real Estate Professionals like you get the exclusive listings to sell large, valuable investment properties, especially for the aging demographic that is fed up with the hassles of property management.
In short, Exchangers can sell their properties through you, fully defer their capital gains taxes, leave the management of the DST properties to the pros, and possibly even receive more income at the end of the year than they are getting now.
Still, many RE Agents still haven’t capitalized on this strategy because they are unsure exactly how to approach it. Please reach out to us so we can share some customized marketing materials with you that could help you get these listings.
There is probably no single professional more knowledgeable about an investor’s complex financial situation than their Certified Public Accountant.
As a CPA, you are often more in touch with your clients’ investment picture than even their Financial Advisors. As such, you are on the “front line” when it comes to being able to help them avoid costly capital gains taxes resulting from the sale of their investment properties.
While the “traditional” 1031 Exchange offers tax deferral benefits, sometimes your clients no longer wish to be burdened with the responsibilities and hassles of being a landlord.
Well, a lesser-known alternative to this problem is the use of a Delaware Statutory Trust, or DST.
A DST is a “like kind” Replacement Property alternative to the traditional 1031 exchange. Rather than buying properties that they have to manage themselves, sellers of investment properties can simply opt to purchase “interests” in a professionally-managed DST and also receive targeted monthly income.
At Great Point Capital, we have access to a wide range of these tax-deferral Offerings, so we can work together as a team to address your clients’ needs.
Please reach out to us so we can discuss the full range of tax mitigation options available to us today.
Are you representing a client who is about to close on the sale of an Investment Property with a large capital gain?
Are they considering just paying the taxes because they no longer wish to be landlords?
This is where you can help your client, even if they have already missed their 1031 deadlines and blown up their exchanges.
DSTs and the QOFs may offer powerful tax-deferral and elimination options without the burdens of property management.
That means no more phone calls about leaky faucets or broken toilets; no more hunting down tenants for the rent; no more roofs to patch. Everything is taken care of by the professionals issuing the DST.
And these are not limited to investment property sales. We can provide solutions for the sale of Primary Residences (above the $250k exemptions) as well as the taxes resulting from the sale of businesses, stocks or even cryptocurrency.
As a Specialist in this field, I would be happy to discuss these alternative options with you and your clients to see if they might be a good fit for them.